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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Eldridge at 305 W Spring St, Eldridge, IA, 52748 priced at $310,000 pairs $2,386/mo rent with $373/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,386/mo, and annual cash flow comes to $4,476/yr on $102,765 invested. Return on cash invested is 24.26% in year one, and rental yield stands at 9.24% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 126.59% and total cumulative return in cash reaches $130,087. For financing, Ziffy Mortgage’s DSCR program evaluates $2,386/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52748, Eldridge, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,159 (100%) |
| Owner Occupied HU | 3,016 (72.5%) |
| Renter Occupied HU | 904 (21.7%) |
| Vacant Housing Units | 239 ( 5.7%) |
| Median Home Value | $375,552 |
| Average Home Value | $398,076 |
Residential
4,062
Single Family
3,554
Multi-Family
508
Businesses
307
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeramy Jennings • Ruhl&Ruhl REALTORS DeWitt
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4269761
