645 Arnold AveCouncil BluffsIA51503
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 Council Bluffs at 645 Arnold Ave, Council Bluffs, IA, 51503 at $260,000 posts ROI 28.08% with $587/mo cash flow from $2,276/mo rent. Total monthly income equals $2,276/mo, and annual cash flow records $7,044/yr on $86,190 to close. Return on cash invested measures 28.08% and rental yield reads 10.5% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 147.06% and total cumulative return in cash totals $126,749.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,276/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
9,147 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 |
Housing Distribution
Address Breakdown
Residential
15,841
Single Family
13,738
Multi-Family
2,103
Businesses
761
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Listed by: Tina Polly • NP Dodge Real Estate - Council Bluffs
Mls Name: SWIAR
Mls ID: #25-2392