704 2nd AveCamancheIA52730
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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
Investment property for sale in Camanche at 704 2nd Ave, Camanche, IA, 52730 offers a 11.48% rental yield on a $199,000 purchase with $1,904/mo rent. Total monthly income registers $1,904/mo, and a $974/mo payment leaves $612/mo available for distribution. Annual cash flow reaches $7,339/yr on $65,969 to close, and return on cash invested stands at 31.03% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 162.94% and total cumulative return in cash at $107,490. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,904/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52730, Camanche, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,283 (100%) |
| Owner Occupied HU | 1,693 (74.2%) |
| Renter Occupied HU | 442 (19.4%) |
| Vacant Housing Units | 148 ( 6.5%) |
| Median Home Value | $191,877 |
| Average Home Value | $244,709 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,253
Multi-Family
26
Businesses
99
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Listed by: Kyle Robinson • Epique Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262536
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.