517 E Linn StCoggonIA52218
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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 Coggon at 517 E Linn St, Coggon, IA, 52218 uses $61,991 cash to close to unlock $2,669/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $1,441/mo, and a $915/mo payment keeps the spread at $222/mo. Purchase price stands at $187,000, and rental yield measures 9.25% with $1,441/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 126.42% and total cumulative return in cash records $78,366. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,441/mo property income covering a $915/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52218, Coggon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 800 (100%) |
| Owner Occupied HU | 614 (76.7%) |
| Renter Occupied HU | 110 (13.7%) |
| Vacant Housing Units | 76 ( 9.5%) |
| Median Home Value | $252,885 |
| Average Home Value | $355,464 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
548
Multi-Family
8
Businesses
25
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Listed by: Rachel Sutton • RE/MAX CONCEPTS
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2506497
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.