430 3rd Ave APT 2CoralvilleIA52241
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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 Coralville at 430 3rd Ave APT 2, Coralville, IA, 52241 offers a 8.92% rental yield on a $319,500 purchase with $2,375/mo rent. 8% in year one. Equity gained on principal adds $2,062/yr while 5% annual appreciation supports $88,272 over five years. Portfolio math shows five-year ROI at 103.94% and total cumulative return in cash at $110,090. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,375/mo property income against a $1,564/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2014
N/A lot
$N/A/sqft
$3,180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52241, Coralville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,374 (100%) |
| Owner Occupied HU | 5,016 (44.1%) |
| Renter Occupied HU | 5,403 (47.5%) |
| Vacant Housing Units | 955 ( 8.4%) |
| Median Home Value | $323,538 |
| Average Home Value | $376,400 |
Housing Distribution
Address Breakdown
Residential
11,183
Single Family
7,185
Multi-Family
3,998
Businesses
1,149
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Listed by: Dusti Honts • Robertson Real Estate Inc
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202500253
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.