316 N Dearborn 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 316 N Dearborn St, Maquoketa, IA, 52060 listed at $135,000 pairs $965/mo rent with a $661/mo payment to leave $88/mo cash flow. Total monthly income runs $965/mo, and annual cash flow reaches $1,056/yr on $44,753 cash to close. Return on cash invested measures 22.27% in year one, and rental yield registers 8.58% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 115.89% and total cumulative return in cash totals $51,865. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $965/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.33 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: Steve Nemmers • Nemmers Realty
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151592
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.