3100 11th AveCouncil BluffsIA51501
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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 Council Bluffs at 3100 11th Ave, Council Bluffs, IA, 51501 generates $1,013/mo in rent and, after a $631/mo payment, leaves $176/mo in cash flow. Total monthly income is $1,013/mo, and annual cash flow is $2,107/yr on $42,764 invested. Return on cash invested sits at 24.84% in year one, and rental yield is 9.42% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 129.67% and total cumulative return in cash sums $55,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,013/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51501, Council Bluffs, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,002 (100%) |
| Owner Occupied HU | 8,402 (56.0%) |
| Renter Occupied HU | 5,553 (37.0%) |
| Vacant Housing Units | 1,047 ( 7.0%) |
| Median Home Value | $160,519 |
| Average Home Value | $201,483 |
Housing Distribution
Address Breakdown
Residential
15,035
Single Family
13,328
Multi-Family
1,707
Businesses
951
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Listed by: Cesia Luther • Nebraska Realty
Mls Name: GPRMLS
Mls ID: #22532822