52 Gould AveCouncil BluffsIA51503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Council Bluffs at 52 Gould Ave, Council Bluffs, IA, 51503 offers $1,519/mo rent that, after a $832/mo payment, leaves $415/mo cash flow. Total monthly income is $1,519/mo, and annual cash flow is $4,982/yr on $56,322 cash. Return on cash invested measures 28.75% in year one, and rental yield stands at 10.73% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 150.74% and total cumulative return in cash reaches $84,902. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,519/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1883
6,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51503, Council Bluffs, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,228 (100%) |
| Owner Occupied HU | 10,261 (63.2%) |
| Renter Occupied HU | 4,873 (30.0%) |
| Vacant Housing Units | 1,094 ( 6.7%) |
| Median Home Value | $279,939 |
| Average Home Value | $335,167 |
Housing Distribution
Address Breakdown
Residential
15,841
Single Family
13,738
Multi-Family
2,103
Businesses
761
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dee Elam • BHHS Ambassador - CB
Mls Name: SWIAR
Mls ID: #25-2257