707 Layne Dr #2West BurlingtonIA52655
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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 West Burlington at 707 Layne Dr #2, West Burlington, IA, 52655 earns $230/mo cash flow from $1,956/mo rent with a $1,188/mo payment. Total monthly income totals $1,956/mo, and annual cash flow totals $2,756/yr on $80,455 capital. ROI tracks 23.33% on current figures, and rental yield reads 9.67% at a $242,700 purchase. Equity gained on principal adds $1,566/yr, and 5% annual appreciation supports $67,054 over five years. Five-year ROI reaches 122.44% and total cumulative return in cash sums $98,506. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,956/mo property income instead of your personal income.
Single Family
Built in 2020
7,405 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52655, West Burlington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,115 (100%) |
| Owner Occupied HU | 1,343 (63.5%) |
| Renter Occupied HU | 549 (26.0%) |
| Vacant Housing Units | 223 (10.5%) |
| Median Home Value | $186,071 |
| Average Home Value | $255,201 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,761
Multi-Family
186
Businesses
302
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Listed by: N/A • N/A
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