418 Neva PlWest BurlingtonIA52655
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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 West Burlington at 418 Neva Pl, West Burlington, IA, 52655 with 5% annual appreciation on a $175,000 basis while $1,074/mo rent supports operations. 61% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 7.36%. Five-year ROI measures 96.24% and total cumulative return in cash totals $55,831. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,074/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52655, West Burlington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,115 (100%) |
| Owner Occupied HU | 1,343 (63.5%) |
| Renter Occupied HU | 549 (26.0%) |
| Vacant Housing Units | 223 (10.5%) |
| Median Home Value | $186,071 |
| Average Home Value | $255,201 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,761
Multi-Family
186
Businesses
302
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Listed by: Jennifer Schwartz • Midwest Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327654
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.