2940 4th AveCouncil BluffsIA51501
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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 2940 4th Ave, Council Bluffs, IA, 51501 listed at $200,500 pairs $2,136/mo rent with a $981/mo payment to leave $832/mo cash flow. Total monthly income runs $2,136/mo, and annual cash flow reaches $9,980/yr on $66,466 cash to close. Return on cash invested measures 34.92% in year one, and rental yield registers 12.78% at a $200,500 basis. Equity gained on principal adds $1,294/yr, and annual property appreciation at 5% supports $55,394 by year five. Five-year ROI tracks 183.79% and total cumulative return in cash totals $122,157. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,136/mo property income relative to a $981/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51501, Council Bluffs, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,002 (100%) |
| Owner Occupied HU | 8,402 (56.0%) |
| Renter Occupied HU | 5,553 (37.0%) |
| Vacant Housing Units | 1,047 ( 7.0%) |
| Median Home Value | $160,519 |
| Average Home Value | $201,483 |
Housing Distribution
Address Breakdown
Residential
15,035
Single Family
13,328
Multi-Family
1,707
Businesses
951
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Listed by: Libby Long • BHHS Ambassador Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22501239
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.