60 Parklane CirBettendorfIA52722
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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 60 Parklane Cir, Bettendorf, IA, 52722 priced at $245,000 pairs $1,920/mo rent with $329/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,920/mo, and annual cash flow comes to $3,948/yr on $81,218 invested. Return on cash invested is 24.77% in year one, and rental yield stands at 9.4% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 129.3% and total cumulative return in cash reaches $105,012. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
N/A 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: Jeremy Albrecht • Prestige Realty QC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4269386