508 9th AveCoralvilleIA52241
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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 508 9th Ave, Coralville, IA, 52241 earns $773/mo cash flow from $2,003/mo rent with a $925/mo payment. Total monthly income totals $2,003/mo, and annual cash flow totals $9,279/yr on $62,654 capital. ROI tracks 34.72% on current figures, and rental yield reads 12.72% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 182.74% and total cumulative return in cash sums $114,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,003/mo property income instead of your personal income.
Single Family
Built in 1950
7,500 sqft lot
$N/A/sqft
No 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: Daphne Patton • Urban Acres Real Estate Corridor
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202502938
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.