700 Mesquite DrCoralvilleIA52241
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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
Total monthly income runs $3,463/mo, and a $2,643/mo payment. Purchase price stands at $539,900, and rental yield measures 7.7% with $3,463/mo rent. Return on cash invested shows 19.76% in year one, and 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 102.45% and total cumulative return in cash records $181,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,463/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52241, Coralville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,374 (100%) |
| Owner Occupied HU | 5,016 (44.1%) |
| Renter Occupied HU | 5,403 (47.5%) |
| Vacant Housing Units | 955 ( 8.4%) |
| Median Home Value | $323,538 |
| Average Home Value | $376,400 |
Housing Distribution
Address Breakdown
Residential
11,183
Single Family
7,185
Multi-Family
3,998
Businesses
1,149
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Listed by: Laura Soride • RE/MAX AFFILIATES
Mls Name: CRAAR, CDRMLS
Mls ID: #2507722