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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Eldridge at 459 N 4th Ave, Eldridge, IA, 52748 offers $840/mo rent that, after a $1,205/mo payment. Total monthly income is $840/mo. Return on cash invested measures 6.18% in year one, and rental yield stands at 4.09% at a $246,248 entry. Equity gained on principal adds $1,589/yr while 5% annual appreciation compounds into $68,034 by year five. Five-year ROI records 30.6% and total cumulative return in cash reaches $24,980. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $840/mo property income versus a $1,205/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
$2,100 annually HOA
Neighborhood data shown for ZIP Code: 52748, Eldridge, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,159 (100%) |
| Owner Occupied HU | 3,016 (72.5%) |
| Renter Occupied HU | 904 (21.7%) |
| Vacant Housing Units | 239 ( 5.7%) |
| Median Home Value | $375,552 |
| Average Home Value | $398,076 |
Residential
4,062
Single Family
3,554
Multi-Family
508
Businesses
307
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Listed for sale | $246,248 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Geri Doyle • Mel Foster Co. Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263265
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.
