302 Circle DrRiverdaleIA52722
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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
Rental property for sale in Riverdale at 302 Circle Dr, Riverdale, IA, 52722 offers $2,089/mo rent that, after a $2,056/mo payment. Total monthly income is $2,089/mo. Return on cash invested measures 14.4% in year one, and rental yield stands at 5.97% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 73.7% and total cumulative return in cash reaches $102,607. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,089/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52722, Bettendorf, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,982 (100%) |
| Owner Occupied HU | 12,443 (69.2%) |
| Renter Occupied HU | 4,389 (24.4%) |
| Vacant Housing Units | 1,150 ( 6.4%) |
| Median Home Value | $342,973 |
| Average Home Value | $386,947 |
Housing Distribution
Address Breakdown
Residential
17,987
Single Family
15,350
Multi-Family
2,637
Businesses
1,446
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