629 Fenelon PlDubuqueIA52001
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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 Dubuque at 629 Fenelon Pl, Dubuque, IA, 52001 priced at $219,900 converts $1,970/mo rent into $529/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,970/mo, and annual cash flow totals $6,346/yr on $72,897 invested. Return on cash invested prints 28.61% in year one, and rental yield reads 10.75% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 150% and total cumulative return in cash sums $109,348. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,970/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Condo
Built in 2010
0.27 Acres lot
$N/A/sqft
$160 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52001, Dubuque, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,155 (100%) |
| Owner Occupied HU | 10,834 (53.8%) |
| Renter Occupied HU | 7,535 (37.4%) |
| Vacant Housing Units | 1,786 ( 8.9%) |
| Median Home Value | $190,357 |
| Average Home Value | $240,723 |
Housing Distribution
Address Breakdown
Residential
18,543
Single Family
15,356
Multi-Family
3,187
Businesses
1,069
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Listed by: Nancy Droessler • EXIT Unlimited
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152083
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.