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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Eldridge at 3205 S 16th Ave UNIT 203, Eldridge, IA, 52748 listed at $144,000 pairs $1,172/mo rent with a $705/mo payment to leave $87/mo cash flow. Total monthly income runs $1,172/mo, and annual cash flow reaches $1,039/yr on $47,736 cash to close. Return on cash invested measures 22.09% in year one, and rental yield registers 9.77% at a $144,000 basis. Equity gained on principal adds $929/yr, and annual property appreciation at 5% supports $39,785 by year five. Five-year ROI tracks 116.3% and total cumulative return in cash totals $55,518. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,172/mo property income relative to a $705/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood data shown for ZIP Code: 52748, Eldridge, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,159 (100%) |
| Owner Occupied HU | 3,016 (72.5%) |
| Renter Occupied HU | 904 (21.7%) |
| Vacant Housing Units | 239 ( 5.7%) |
| Median Home Value | $375,552 |
| Average Home Value | $398,076 |
Residential
4,062
Single Family
3,554
Multi-Family
508
Businesses
307
Date | Event | Price |
|---|---|---|
| 2025-09-05 | Sold | $144,000 |
| 2025-07-28 | Pending sale | $142,000 |
| 2025-07-20 | Price change | $142,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1446.00 | -3.08% | $126,200 | N/A |
| 2023-10-24 | $1492.00 | 3.32% | $126,200 | 13.22% |
| 2022-10-24 | $1444.00 | 7.12% | $111,460 | N/A |
Listed by: Tisha Bousselot • Prestige Realty QC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263176
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 04:43:04 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)
