306 W 3rd StMuscatineIA52761
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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 Muscatine at 306 W 3rd St, Muscatine, IA, 52761 offers a 3.52% rental yield on a $395,000 purchase with $1,160/mo rent. 03% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 34.19% and total cumulative return in cash at $44,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,160/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1880
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52761, Muscatine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,426 (100%) |
| Owner Occupied HU | 8,606 (64.1%) |
| Renter Occupied HU | 3,567 (26.6%) |
| Vacant Housing Units | 1,253 ( 9.3%) |
| Median Home Value | $194,585 |
| Average Home Value | $256,286 |
Housing Distribution
Address Breakdown
Residential
12,837
Single Family
11,769
Multi-Family
1,068
Businesses
990
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