510 Butternut StMaquoketaIA52060
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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
Rental property for sale in Maquoketa at 510 Butternut St, Maquoketa, IA, 52060 priced at $129,900 converts $1,000/mo rent into $156/mo cash flow after a $636/mo obligation. Total monthly income equals $1,000/mo, and annual cash flow totals $1,874/yr on $43,062 invested. Return on cash invested prints 24.26% in year one, and rental yield reads 9.24% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 126.7% and total cumulative return in cash sums $54,559. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,000/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1970
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52060, Maquoketa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,955 (100%) |
| Owner Occupied HU | 2,532 (64.0%) |
| Renter Occupied HU | 1,112 (28.1%) |
| Vacant Housing Units | 311 ( 7.9%) |
| Median Home Value | $169,063 |
| Average Home Value | $268,215 |
Housing Distribution
Address Breakdown
Residential
3,825
Single Family
3,469
Multi-Family
356
Businesses
347
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