401 E 3rd StWest LibertyIA52776
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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
Investment Highlights
Rental property for sale in West Liberty at 401 E 3rd St, West Liberty, IA, 52776 generates $1,763/mo in rent and, after a $1,150/mo payment, leaves $237/mo in cash flow. Total monthly income is $1,763/mo, and annual cash flow is $2,844/yr on $77,903 invested. Return on cash invested sits at 23.56% in year one, and rental yield is 9% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 122.82% and total cumulative return in cash sums $95,680. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,763/mo property income rather than buyer’s personal income.
Single Family
Built in 1888
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52776, West Liberty, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,210 (64.3%) |
| Renter Occupied HU | 518 (27.5%) |
| Vacant Housing Units | 153 ( 8.1%) |
| Median Home Value | $206,771 |
| Average Home Value | $241,777 |
Housing Distribution
Address Breakdown
Residential
1,834
Single Family
1,671
Multi-Family
163
Businesses
149
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Listed by: Brad Akers • Robertson Real Estate Inc
Mls Name: Iowa City Area AOR
Mls ID: #202504902