3345 Loethen LnCoralvilleIA52241
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3345 Loethen Ln, Coralville, IA, 52241 in Coralville speaks for itself: 12.85% gross on a $344,900 price, generating $3,694/mo in rent and $1,454/mo in net income after the $1,551/mo debt service. DSCR 2.38, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $17,444 stacks alongside $95,290 in projected five-year appreciation and $3,177/yr in principal reduction. Projected total cumulative return: $224,844.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 7.1% |
| Monthly Cash Flow | $1,454 | $450 |
City averages based on Coralville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,694 |
| Total Monthly Debt Service | $2,103 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52241, Coralville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,374 (100%) |
| Owner Occupied HU | 5,016 (44.1%) |
| Renter Occupied HU | 5,403 (47.5%) |
| Vacant Housing Units | 955 ( 8.4%) |
| Median Home Value | $323,538 |
| Average Home Value | $376,400 |
Housing Distribution
Address Breakdown
Residential
11,183
Single Family
7,185
Multi-Family
3,998
Businesses
1,149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52241, Coralville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,374 (100%) |
| Owner Occupied HU | 5,016 (44.1%) |
| Renter Occupied HU | 5,403 (47.5%) |
| Vacant Housing Units | 955 ( 8.4%) |
| Median Home Value | $323,538 |
| Average Home Value | $376,400 |
Housing Distribution
Address Breakdown
Residential
11,183
Single Family
7,185
Multi-Family
3,998
Businesses
1,149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices