412 2nd Ave NWCascadeIA52033
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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 Cascade at 412 2nd Ave NW, Cascade, IA, 52033 priced at $172,000 pairs $1,687/mo rent with $570/mo cash flow after a $842/mo payment. Total monthly income equals $1,687/mo, and annual cash flow comes to $6,838/yr on $57,018 invested. Return on cash invested is 31.9% in year one, and rental yield stands at 11.77% on a $172,000 basis. Equity gained on principal adds $1,110/yr, and 5% annual appreciation accumulates to $47,520 by year five. Five-year ROI measures 167.55% and total cumulative return in cash reaches $95,533. For financing, Ziffy Mortgage’s DSCR program evaluates $1,687/mo property income against a $842/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52033, Cascade, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,534 (100%) |
| Owner Occupied HU | 1,113 (72.6%) |
| Renter Occupied HU | 315 (20.5%) |
| Vacant Housing Units | 106 ( 6.9%) |
| Median Home Value | $269,817 |
| Average Home Value | $322,707 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,013
Multi-Family
126
Businesses
116
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Listed by: Robert Knepper • American Realty of Dubuque, Inc.
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151496
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.