29 N 8th StCouncil BluffsIA51503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Council Bluffs at 29 N 8th St, Council Bluffs, IA, 51503 at $164,900 posts ROI 25.29% with $245/mo cash flow from $1,316/mo rent. Total monthly income equals $1,316/mo, and annual cash flow records $2,942/yr on $54,664 to close. Return on cash invested measures 25.29% and rental yield reads 9.58% at the current $164,900. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 by year five. Five-year ROI prints 132.18% and total cumulative return in cash totals $72,256.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,316/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
3,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51503, Council Bluffs, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,228 (100%) |
| Owner Occupied HU | 10,261 (63.2%) |
| Renter Occupied HU | 4,873 (30.0%) |
| Vacant Housing Units | 1,094 ( 6.7%) |
| Median Home Value | $279,939 |
| Average Home Value | $335,167 |
Housing Distribution
Address Breakdown
Residential
15,841
Single Family
13,738
Multi-Family
2,103
Businesses
761
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Hines • BHHS Ambassador Real Estate
Mls Name: SWIAR
Mls ID: #25-2441