606 Rock Island StHarveyIA50119
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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 Harvey at 606 Rock Island St, Harvey, IA, 50119 with 5% annual appreciation on a $165,000 basis while $1,249/mo rent supports operations. Total monthly income totals $1,249/mo and a $808/mo payment preserves $177/mo for cash returns. Annual cash flow comes to $2,124/yr on $54,698 deployed, and return on cash invested reaches 23.79% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 9.08%. Five-year ROI measures 124.06% and total cumulative return in cash totals $67,859.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,249/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2021
10,859 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50119, Harvey, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 165 (72.4%) |
| Renter Occupied HU | 31 (13.6%) |
| Vacant Housing Units | 32 (14.0%) |
| Median Home Value | $229,688 |
| Average Home Value | $244,500 |
Housing Distribution
Address Breakdown
Residential
172
Single Family
172
Multi-Family
0
Businesses
5
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Listed by: Hannah Vander Veer • Sundance Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #713774
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.