3 E Navajo StCouncil BluffsIA51501
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3 E Navajo St, Council Bluffs, IA, 51501 in Council Bluffs hard to pass up. The 11.77% gross yield on a $229,000 purchase results in $2,245/mo in rent and $758/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.18). Annual cash flow of $9,096, five-year appreciation of $63,268, and $2,109/yr in equity build-up combine for a projected total cumulative return of $135,906.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 7.2% |
| Monthly Cash Flow | $758 | $450 |
City averages based on Council Bluffs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,245 |
| Total Monthly Debt Service | $1,396 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1990
3,770 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
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
Townhouse
Built in 1990
3,770 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason M. James • 20060210204436317691000000
Mls Name: SWIAR
Mls ID: #25-507
Disclaimer: Copyright Southwest Iowa Association of Realtors. All rights reserved. Data is deemed reliable but is not guaranteed accurate by the MLS.