534 Broadway StWest BurlingtonIA52655
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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 West Burlington at 534 Broadway St, West Burlington, IA, 52655 priced at $164,900 converts $1,448/mo rent into $377/mo cash flow after a $807/mo obligation. Total monthly income equals $1,448/mo, and annual cash flow totals $4,526/yr on $54,664 invested. Return on cash invested prints 28.19% in year one, and rental yield reads 10.54% against a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation compiles into $45,559 by year five. Five-year ROI reaches 147.72% and total cumulative return in cash sums $80,752. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,448/mo property income covering a $807/mo payment, not borrower’s personal income.
Single Family
Built in 1960
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52655, West Burlington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,115 (100%) |
| Owner Occupied HU | 1,343 (63.5%) |
| Renter Occupied HU | 549 (26.0%) |
| Vacant Housing Units | 223 (10.5%) |
| Median Home Value | $186,071 |
| Average Home Value | $255,201 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,761
Multi-Family
186
Businesses
302
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Listed by: Dustina Fenton • Ruhl & Ruhl, REALTORS
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328626
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