622 Magnolia LnTiffinIA52340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tiffin at 622 Magnolia Ln, Tiffin, IA, 52340 uses $102,430 cash to close to unlock $8,107/yr annual cash flow and $676/mo monthly cash flow. Total monthly income runs $2,682/mo, and a $1,512/mo payment keeps the spread at $676/mo. Purchase price stands at $308,990, and rental yield measures 10.42% with $2,682/mo rent. Return on cash invested shows 27.82% in year one, and 5% annual appreciation builds toward $85,368 over five years. Five-year ROI reaches 145.71% and total cumulative return in cash records $149,246. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,682/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Condo
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: OUTSIDE AGENT • OTHER
Mls Name: DMMLS
Mls Provider:
Mls ID: #714924
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.