619 Maddie LnTiffinIA52340
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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 Tiffin at 619 Maddie Ln, Tiffin, IA, 52340 priced at $314,990 converts $2,748/mo rent into $702/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,748/mo, and annual cash flow totals $8,424/yr on $104,419 invested. Return on cash invested prints 27.98% in year one, and rental yield reads 10.47% against a $314,990 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,026 by year five. Five-year ROI reaches 146.55% and total cumulative return in cash sums $153,026. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,748/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Condo
Built in 2024
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52340, Tiffin, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,399 (100%) |
| Owner Occupied HU | 1,622 (67.6%) |
| Renter Occupied HU | 534 (22.3%) |
| Vacant Housing Units | 243 (10.1%) |
| Median Home Value | $343,688 |
| Average Home Value | $346,595 |
Housing Distribution
Address Breakdown
Residential
2,445
Single Family
2,168
Multi-Family
277
Businesses
140
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Listed by: Pat Fox • DRH Realty Of Iowa, LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2400939
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.