488 Thomas St, Tiffin, IA, 52340 | $506/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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488 Thomas St, Tiffin, IA, 52340 | $506/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Tiffin at 488 Thomas St, Tiffin, IA, 52340 uses $92,157 cash to close to unlock $6,074/yr annual cash flow and $506/mo monthly cash flow. Total monthly income runs $2,312/mo, and a $1,361/mo payment keeps the spread at $506/mo. Purchase price stands at $278,000, and rental yield measures 9.98% with $2,312/mo rent. Return on cash invested shows 26.5% in year one, and 5% annual appreciation builds toward $76,806 over five years. Five-year ROI reaches 138.63% and total cumulative return in cash records $127,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,312/mo property income covering a $1,361/mo payment rather than investor’s personal income.

Condo

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Better than New with All the Extras & Quick Possession! Welcome to this beautifully designed 3-bedroom, 2.5-bath end-unit condo townhouse offering the perfect blend of style, comfort, and convenience. The open-concept main floor creates a spacious living and dining area, featuring a sleek electric fireplace, highlighted by a large kitchen island and a generous pantryideal for entertaining and everyday living. Upstairs, youll find three comfortable bedrooms which includes a serene expansive primary ensuite and the convenience of second-floor laundry. The attached two-car garage provides secure parking and storage space. Included extras are an RO system, water softener, tasteful painted accent walls, island light, curtains, rods, shelving & ceiling fans. As an end unit, enjoy extra privacy and natural light throughout the home. Located in a desirable community close to shopping, dining, parks, and major routes, this property offers the best of modern living with low-maintenance ease. Dont miss your chance to make this stunning townhouse your new home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 52340, Tiffin, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,399 (100%)
Owner Occupied HU	1,622 (67.6%)
Renter Occupied HU	534 (22.3%)
Vacant Housing Units	243 (10.1%)
Median Home Value	$343,688
Average Home Value	$346,595