308 W Pleasant StMaquoketaIA52060
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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 Maquoketa at 308 W Pleasant St, Maquoketa, IA, 52060 with 5% annual appreciation on a $184,900 basis while $1,381/mo rent supports operations. Total monthly income totals $1,381/mo and a $905/mo payment preserves $180/mo for cash returns. Annual cash flow comes to $2,162/yr on $61,294 deployed, and return on cash invested reaches 23.44% in year one. Equity gained on principal adds $1,193/yr, and five-year appreciation sums $51,084 alongside rental yield of 8.96%. Five-year ROI measures 122.22% and total cumulative return in cash totals $74,911.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,381/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52060, Maquoketa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,955 (100%) |
| Owner Occupied HU | 2,532 (64.0%) |
| Renter Occupied HU | 1,112 (28.1%) |
| Vacant Housing Units | 311 ( 7.9%) |
| Median Home Value | $169,063 |
| Average Home Value | $268,215 |
Housing Distribution
Address Breakdown
Residential
3,825
Single Family
3,469
Multi-Family
356
Businesses
347
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Listed by: Abigail Schueller • Remax Advantage
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #150336
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.