606 2nd St NEDyersvilleIA52040
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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 Dyersville at 606 2nd St NE, Dyersville, IA, 52040 generates $1,805/mo in rent and, after a $553/mo payment, leaves $1,071/mo in cash flow. Total monthly income is $1,805/mo, and annual cash flow is $12,854/yr on $37,460 invested. Return on cash invested sits at 54.22% in year one, and rental yield is 19.17% on a $113,000 entry. Equity gained on principal adds $729/yr, while 5% annual appreciation builds toward $31,220 over five years. Five-year ROI reaches 287.36% and total cumulative return in cash sums $107,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,805/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52040, Dyersville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,672 (100%) |
| Owner Occupied HU | 2,064 (77.2%) |
| Renter Occupied HU | 443 (16.6%) |
| Vacant Housing Units | 165 ( 6.2%) |
| Median Home Value | $283,427 |
| Average Home Value | $306,472 |
Housing Distribution
Address Breakdown
Residential
2,589
Single Family
2,319
Multi-Family
270
Businesses
289
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Listed by: Michael Mcdonough • McDonough Real Estate
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20254902
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