420 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
Investment property for sale in Cascade at 420 2nd Ave NW, Cascade, IA, 52033 offers a 15.68% rental yield on a $140,000 purchase with $1,829/mo rent. Total monthly income registers $1,829/mo, and a $685/mo payment leaves $920/mo available for distribution. Annual cash flow reaches $11,040/yr on $46,410 to close, and return on cash invested stands at 43.7% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 230.79% and total cumulative return in cash at $107,110. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,829/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1866
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: Bobbi Jo Volkens • American Realty of Dubuque, Inc.
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152231
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.