420 Celeste CirBlue GrassIA52726
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Nearby investment properties with comparable prices
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 Blue Grass at 420 Celeste Cir, Blue Grass, IA, 52726 priced at $345,000 pairs $2,602/mo rent with $286/mo cash flow after a $1,689/mo payment. Total monthly income equals $2,602/mo, and annual cash flow comes to $3,432/yr on $114,368 invested. Return on cash invested is 22.91% in year one, and rental yield stands at 9.05% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 119.61% and total cumulative return in cash reaches $136,792. For financing, Ziffy Mortgage’s DSCR program evaluates $2,602/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2002
9,147 sqft lot
$N/A/sqft
$75 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52726, Blue Grass, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,899 (100%) |
| Owner Occupied HU | 1,611 (84.8%) |
| Renter Occupied HU | 202 (10.6%) |
| Vacant Housing Units | 86 ( 4.5%) |
| Median Home Value | $297,509 |
| Average Home Value | $357,084 |
Housing Distribution
Address Breakdown
Residential
1,821
Single Family
1,821
Multi-Family
0
Businesses
94
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Listed by: Wendi S. Ingram • Ruhl & Ruhl Realtors
Mls Name: Muscatine BOR
Mls Provider:
Mls ID: #24-547
Disclaimer: Copyright Muscatine Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.