630 Lincoln CtCenter PointIA52213
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 Center Point at 630 Lincoln Ct, Center Point, IA, 52213 offers a 9.11% rental yield on a $519,900 purchase with $3,949/mo rent. Total monthly income registers $3,949/mo, and a $2,545/mo payment leaves $572/mo available for distribution. Annual cash flow reaches $6,866/yr on $171,047 to close, and return on cash invested stands at 24.07% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,639 over five years. Portfolio math shows five-year ROI at 125.57% and total cumulative return in cash at $214,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,949/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52213, Center Point, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,816 (100%) |
| Owner Occupied HU | 1,476 (81.3%) |
| Renter Occupied HU | 241 (13.3%) |
| Vacant Housing Units | 99 ( 5.5%) |
| Median Home Value | $296,561 |
| Average Home Value | $399,499 |
Housing Distribution
Address Breakdown
Residential
1,600
Single Family
1,600
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olivia Williams • Iowa Realty
Mls Name: Iowa City Area AOR
Mls ID: #202504994