623 Ponds CtTiffinIA52340
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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 Tiffin at 623 Ponds Ct, Tiffin, IA, 52340 uses $160,778 cash to close to unlock $3,576/yr annual cash flow and $298/mo monthly cash flow. Total monthly income runs $3,448/mo, and a $2,374/mo payment keeps the spread at $298/mo. Purchase price stands at $485,000, and rental yield measures 8.53% with $3,448/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 115.17% and total cumulative return in cash records $185,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,448/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.26 Acres 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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