3198 Barbara DrBrooklynIA52211
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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 Brooklyn at 3198 Barbara Dr, Brooklyn, IA, 52211 priced at $419,900 converts $1,620/mo rent into after a $2,055/mo obligation. Total monthly income equals $1,620/mo. Return on cash invested prints 9.8% in year one, and rental yield reads 4.63% against a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,011 by year five. Five-year ROI reaches 49.25% and total cumulative return in cash sums $68,556. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $2,055/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.80 Acres lot
$N/A/sqft
$792 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52211, Brooklyn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,553 (100%) |
| Owner Occupied HU | 896 (57.7%) |
| Renter Occupied HU | 225 (14.5%) |
| Vacant Housing Units | 432 (27.8%) |
| Median Home Value | $211,667 |
| Average Home Value | $246,032 |
Housing Distribution
Address Breakdown
Residential
1,054
Single Family
1,054
Multi-Family
0
Businesses
83
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Listed by: Cheri Garcia • RE/MAX Partners, Brooklyn
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6315161
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.