Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 3215 S 16th Ave UNIT 201, Eldridge, IA, 52748 listed at $142,000 pairs $1,303/mo rent with a $695/mo payment to leave $381/mo cash flow. Total monthly income runs $1,303/mo, and annual cash flow reaches $4,570/yr on $47,073 cash to close. Return on cash invested measures 29.62% in year one, and rental yield registers 11.01% at a $142,000 basis. Equity gained on principal adds $916/yr, and annual property appreciation at 5% supports $39,232 by year five. Five-year ROI tracks 155.33% and total cumulative return in cash totals $73,118. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,303/mo property income relative to a $695/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
3,484 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kendra Glazier • Ruhl&Ruhl REALTORS Davenport
Mls Name: RMLS Alliance
Mls ID: #QC4264968
