718 Louisa StBurlingtonIA52601
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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 Burlington at 718 Louisa St, Burlington, IA, 52601 uses $36,432 cash to close to unlock $1,706/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $856/mo, and a $538/mo payment keeps the spread at $142/mo. Purchase price stands at $109,900, and rental yield measures 9.35% with $856/mo rent. Return on cash invested shows 24.59% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 128.47% and total cumulative return in cash records $46,804. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $856/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1890
5,445 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52601, Burlington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,966 (100%) |
| Owner Occupied HU | 8,253 (59.1%) |
| Renter Occupied HU | 3,917 (28.0%) |
| Vacant Housing Units | 1,796 (12.9%) |
| Median Home Value | $158,166 |
| Average Home Value | $212,426 |
Housing Distribution
Address Breakdown
Residential
12,682
Single Family
11,980
Multi-Family
702
Businesses
1,151
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Listed by: Masin Shullaw • RE/MAX Real Estate Specialists
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6334707