3316 Avenue I, Council Bluffs, IA, 51501 | $411/mo Cash Flow

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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

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Investment Highlights

Rental property for sale in Council Bluffs at 3316 Avenue I, Council Bluffs, IA, 51501 priced at $166,000 pairs $1,489/mo rent with $411/mo cash flow after a $812/mo payment. Total monthly income equals $1,489/mo, and annual cash flow comes to $4,937/yr on $55,029 invested. Return on cash invested is 28.88% in year one, and rental yield stands at 10.76% on a $166,000 basis. Equity gained on principal adds $1,071/yr, and 5% annual appreciation accumulates to $45,863 by year five. Five-year ROI measures 151.41% and total cumulative return in cash reaches $83,317. For financing, Ziffy Mortgage’s DSCR program evaluates $1,489/mo property income against a $812/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1955

5,208 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