618 2nd St NWDyersvilleIA52040
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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 Dyersville at 618 2nd St NW, Dyersville, IA, 52040 with 5% annual appreciation on a $265,000 basis while $1,921/mo rent supports operations. Total monthly income totals $1,921/mo and a $1,297/mo payment preserves $200/mo for cash returns. Annual cash flow comes to $2,400/yr on $87,848 deployed, and return on cash invested reaches 22.64% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 8.7%. Five-year ROI measures 117.88% and total cumulative return in cash totals $103,551.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,921/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
9,660 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: Kayla Aulwes • EXIT Realty Driftless Group
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151867
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.