562 N Kimberlite StTiffinIA52340
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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 Tiffin at 562 N Kimberlite St, Tiffin, IA, 52340 offers a 10.88% rental yield on a $254,990 purchase with $2,312/mo rent. Total monthly income registers $2,312/mo, and a $1,248/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,472/yr on $84,529 to close, and return on cash invested stands at 26.38% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,449 over five years. Portfolio math shows five-year ROI at 139.04% and total cumulative return in cash at $117,533. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,312/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2025
5,662 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52340, Tiffin, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,399 (100%) |
| Owner Occupied HU | 1,622 (67.6%) |
| Renter Occupied HU | 534 (22.3%) |
| Vacant Housing Units | 243 (10.1%) |
| Median Home Value | $343,688 |
| Average Home Value | $346,595 |
Housing Distribution
Address Breakdown
Residential
2,445
Single Family
2,168
Multi-Family
277
Businesses
140
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Listed by: Kathryn Greer • DRH Realty Of Iowa, LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2508081
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.