470 Churchill DrNorth LibertyIA52317
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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 North Liberty at 470 Churchill Dr, North Liberty, IA, 52317 uses $84,533 cash to close to unlock $4,320/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $2,016/mo, and a $1,248/mo payment keeps the spread at $360/mo. Purchase price stands at $255,000, and rental yield measures 9.49% with $2,016/mo rent. Return on cash invested shows 25.02% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 130.64% and total cumulative return in cash records $110,432. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,016/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Condo
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52317, North Liberty, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,351 (100%) |
| Owner Occupied HU | 6,204 (66.3%) |
| Renter Occupied HU | 2,754 (29.5%) |
| Vacant Housing Units | 393 ( 4.2%) |
| Median Home Value | $356,391 |
| Average Home Value | $391,474 |
Housing Distribution
Address Breakdown
Residential
9,568
Single Family
8,026
Multi-Family
1,542
Businesses
615
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Listed by: Aly Chung • Keller Williams Legacy Group
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502877
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.