640 Ridge DrTiffinIA52340
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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 640 Ridge Dr, Tiffin, IA, 52340 offers $4,432/mo rent that, after a $4,759/mo payment. Total monthly income is $4,432/mo. Return on cash invested measures 13% in year one, and rental yield stands at 5.47% at a $972,300 entry. Equity gained on principal adds $6,274/yr while 5% annual appreciation compounds into $268,629 by year five. Five-year ROI records 66.16% and total cumulative return in cash reaches $211,627. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,432/mo property income versus a $4,759/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2024
0.25 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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