626 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
Rental property for sale in Tiffin at 626 Ponds Ct, Tiffin, IA, 52340 offers $3,337/mo rent that, after a $2,021/mo payment, leaves $587/mo cash flow. Total monthly income is $3,337/mo, and annual cash flow is $7,049/yr on $136,910 cash. Return on cash invested measures 25.06% in year one, and rental yield stands at 9.7% at a $413,000 entry. Equity gained on principal adds $2,665/yr while 5% annual appreciation compounds into $114,104 by year five. Five-year ROI records 131.08% and total cumulative return in cash reaches $179,465. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,337/mo property income versus a $2,021/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.59 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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