518 E 7th StMuscatineIA52761
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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 Muscatine at 518 E 7th St, Muscatine, IA, 52761 uses $39,614 cash to close to unlock $1,846/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $930/mo, and a $585/mo payment keeps the spread at $154/mo. Purchase price stands at $119,500, and rental yield measures 9.34% with $930/mo rent. Return on cash invested shows 24.57% in year one, and 5% annual appreciation builds toward $33,016 over five years. Five-year ROI reaches 128.24% and total cumulative return in cash records $50,802. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $930/mo property income covering a $585/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52761, Muscatine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,426 (100%) |
| Owner Occupied HU | 8,606 (64.1%) |
| Renter Occupied HU | 3,567 (26.6%) |
| Vacant Housing Units | 1,253 ( 9.3%) |
| Median Home Value | $194,585 |
| Average Home Value | $256,286 |
Housing Distribution
Address Breakdown
Residential
12,837
Single Family
11,769
Multi-Family
1,068
Businesses
990
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