643 Harrison St, Council Bluffs, IA, 51503 | $913/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
925 sft

4012 Wakeman Dr, Council Bluffs, IA, 51501

3 Bed
3 Bath
1964 sft

13410 Camden Ave, Omaha, NE, 68164

2 Bed
1 Bath
1010 sft

3184 Larimore Ave, Omaha, NE, 68111

3 Bed
3 Bath
2018 sft

3087 S 160th Plz, Omaha, NE, 68130

Nearby investment properties with comparable prices

3 Bed
2 Bath
1380 sft

2858 Browne St, Omaha, NE, 68111

3 Bed
1 Bath
808 sft

831 Grace St, Council Bluffs, IA, 51503

2 Bed
1 Bath
770 sft

7818 N 30th St, Omaha, NE, 68112

3 Bed
1 Bath
908 sft

6632 Franklin St, Omaha, NE, 68104

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Council Bluffs at 643 Harrison St, Council Bluffs, IA, 51503 offers a 13.59% rental yield on a $189,000 purchase with $2,140/mo rent. Total monthly income registers $2,140/mo, and a $925/mo payment leaves $913/mo available for distribution. Annual cash flow reaches $10,951/yr on $62,654 to close, and return on cash invested stands at 37.39% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 197% and total cumulative return in cash at $123,430. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,140/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1920

4,500 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51503, Council Bluffs, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,228 (100%)
Owner Occupied HU	10,261 (63.2%)
Renter Occupied HU	4,873 (30.0%)
Vacant Housing Units	1,094 ( 6.7%)
Median Home Value	$279,939
Average Home Value	$335,167