3881 Us Highway 61Blue GrassIA52726
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
Investment Highlights
Investment property for sale in Blue Grass at 3881 Us Highway 61, Blue Grass, IA, 52726 offers a 2.76% rental yield on a $625,000 purchase with $1,440/mo rent. 78% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 22.05% and total cumulative return in cash at $45,349. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
7.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52726, Blue Grass, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,899 (100%) |
| Owner Occupied HU | 1,611 (84.8%) |
| Renter Occupied HU | 202 (10.6%) |
| Vacant Housing Units | 86 ( 4.5%) |
| Median Home Value | $297,509 |
| Average Home Value | $357,084 |
Housing Distribution
Address Breakdown
Residential
1,821
Single Family
1,821
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel A. Oien • First Choice Real Estate
Mls Name: Muscatine BOR
Mls Provider:
Mls ID: #24-454
Disclaimer: Copyright Muscatine Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.