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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Brooklyn at 611 Broadway St, Brooklyn, IA, 52211 offers $1,620/mo rent that, after a $832/mo payment, leaves $516/mo cash flow. Total monthly income is $1,620/mo, and annual cash flow is $6,192/yr on $56,355 cash. Return on cash invested measures 30.9% in year one, and rental yield stands at 11.44% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 162.15% and total cumulative return in cash reaches $91,377. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,620/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52211, Brooklyn, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,553 (100%) |
| Owner Occupied HU | 896 (57.7%) |
| Renter Occupied HU | 225 (14.5%) |
| Vacant Housing Units | 432 (27.8%) |
| Median Home Value | $211,667 |
| Average Home Value | $246,032 |
Residential
1,054
Single Family
1,054
Multi-Family
0
Businesses
83
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Adam Snook • Bryan Realty Inc
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6334185
