415 Parham StMuscatineIA52761
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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
Investment property for sale in Muscatine at 415 Parham St, Muscatine, IA, 52761 uses $36,432 cash to close to unlock $8,888/yr annual cash flow and $741/mo monthly cash flow. Total monthly income runs $1,572/mo, and a $538/mo payment keeps the spread at $741/mo. Purchase price stands at $109,900, and rental yield measures 17.16% with $1,572/mo rent. Return on cash invested shows 44.31% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 235.52% and total cumulative return in cash records $85,804. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,572/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1915
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52761, Muscatine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,426 (100%) |
| Owner Occupied HU | 8,606 (64.1%) |
| Renter Occupied HU | 3,567 (26.6%) |
| Vacant Housing Units | 1,253 ( 9.3%) |
| Median Home Value | $194,585 |
| Average Home Value | $256,286 |
Housing Distribution
Address Breakdown
Residential
12,837
Single Family
11,769
Multi-Family
1,068
Businesses
990
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Listed by: Deb Haussmann • Keller Williams Greater Quad Cities / Midwest Partners
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4255410
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.