3070 Lundy LnBettendorfIA52722
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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 Bettendorf at 3070 Lundy Ln, Bettendorf, IA, 52722 uses $230,267 cash to close to unlock $6,698/yr annual cash flow and $558/mo monthly cash flow. Total monthly income runs $5,104/mo, and a $3,426/mo payment keeps the spread at $558/mo. Purchase price stands at $699,900, and rental yield measures 8.75% with $5,104/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 119.64% and total cumulative return in cash records $275,492. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,104/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.40 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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Listed by: Kim Solveson • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls ID: #QC4267215