623 Kimberlite StTiffinIA52340
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 623 Kimberlite St, Tiffin, IA, 52340 at $142,500 posts ROI 29.89% with $393/mo cash flow from $1,568/mo rent. Total monthly income equals $1,568/mo, and annual cash flow records $4,716/yr on $47,239 to close. Return on cash invested measures 29.89% and rental yield reads 13.2% at the current $142,500. Equity gained on principal adds $920/yr, and 5% annual appreciation supports $39,370 by year five. Five-year ROI prints 159.05% and total cumulative return in cash totals $75,135.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,568/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2000
N/A lot
$N/A/sqft
$3,000 annually 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: David Pederson • Westwinds Real Estate Services, Inc.
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202404357
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.