513 S Dubuque StSolonIA52333
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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 Solon at 513 S Dubuque St, Solon, IA, 52333 generates $2,944/mo in rent and, after a $1,875/mo payment, leaves $456/mo in cash flow. Total monthly income is $2,944/mo, and annual cash flow is $5,474/yr on $126,965 invested. Return on cash invested sits at 24.22% in year one, and rental yield is 9.22% on a $383,000 entry. Equity gained on principal adds $2,471/yr, while 5% annual appreciation builds toward $105,816 over five years. Five-year ROI reaches 126.39% and total cumulative return in cash sums $160,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,944/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52333, Solon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,033 (100%) |
| Owner Occupied HU | 2,525 (83.3%) |
| Renter Occupied HU | 345 (11.4%) |
| Vacant Housing Units | 163 ( 5.4%) |
| Median Home Value | $386,995 |
| Average Home Value | $538,050 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,840
Multi-Family
74
Businesses
179
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