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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Eldridge at 624 S 4th St, Eldridge, IA, 52748 uses $87,848 cash to close to unlock $6,684/yr annual cash flow and $557/mo monthly cash flow. Total monthly income runs $2,278/mo, and a $1,297/mo payment keeps the spread at $557/mo. Purchase price stands at $265,000, and rental yield measures 10.32% with $2,278/mo rent. Return on cash invested shows 27.52% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 144.04% and total cumulative return in cash records $126,531. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,278/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1974
7,560 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52748, Eldridge, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,159 (100%) |
| Owner Occupied HU | 3,016 (72.5%) |
| Renter Occupied HU | 904 (21.7%) |
| Vacant Housing Units | 239 ( 5.7%) |
| Median Home Value | $375,552 |
| Average Home Value | $398,076 |
Residential
4,062
Single Family
3,554
Multi-Family
508
Businesses
307
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeff Dellitt • Ruhl&Ruhl REALTORS Bettendorf
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4265461
