5985 Eagle Ridge RdBettendorfIA52722
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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 Bettendorf at 5985 Eagle Ridge Rd, Bettendorf, IA, 52722 generates $3,929/mo in rent, after a $5,139/mo payment. Total monthly income is $3,929/mo. Return on cash invested sits at 10.18% in year one, and rental yield is 4.49% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 50.96% and total cumulative return in cash sums $173,357. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,929/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52722, Bettendorf, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,982 (100%) |
| Owner Occupied HU | 12,443 (69.2%) |
| Renter Occupied HU | 4,389 (24.4%) |
| Vacant Housing Units | 1,150 ( 6.4%) |
| Median Home Value | $342,973 |
| Average Home Value | $386,947 |
Housing Distribution
Address Breakdown
Residential
17,987
Single Family
15,350
Multi-Family
2,637
Businesses
1,446
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Listed by: Richard Bassford • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls ID: #QC4264382