718 W 2nd St, Muscatine, IA, 52761 | $471/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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718 W 2nd St, Muscatine, IA, 52761 | $471/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Muscatine at 718 W 2nd St, Muscatine, IA, 52761 offers a 10.78% rental yield on a $189,000 purchase with $1,698/mo rent. Total monthly income registers $1,698/mo, and a $925/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,647/yr on $62,654 to close, and return on cash invested stands at 28.92% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 151.59% and total cumulative return in cash at $94,978. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,698/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1860

0.39 Acres lot

$N/A/sqft

No HOA

More details about the property

Move right into this stunning historic home nestled on the west hill with captivating Mississippi River views. This is a rare opportunity to own a piece of Muscatine history with river views you'll cherish. The original hardwood flooring and crown molding invites you in to explore the charm and character of this home. On the main level, you'll find a bedroom, 1/2 bath, and an option for a potential 4th bedroom or office space. The kitchen features granite countertops, Soft-close cabinets and a Lazy Susan cabinet and a food pantry to maximize space. Off the dining area you will step into a large deck where you can enjoy your morning coffee and enjoy a beautiful garden where perennials bloom during the season, while relaxing in a captivating river view. The second level has 2 nice sized bed rooms, full bath, and an additional space that connects from three different rooms that could be utilized as a walk-in closet or storage space. The basement is spacious, and it features a workshop station with cabinets, perfect space for crafting, DIY projects or space to store tools. There is a carport that was built in 2001 and a bike and tool shed, for convenience. The seller is offering a 1-year home warranty of the seller's choice

Neighborhood Data

Neighborhood data shown for ZIP Code: 52761, Muscatine, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,426 (100%)
Owner Occupied HU	8,606 (64.1%)
Renter Occupied HU	3,567 (26.6%)
Vacant Housing Units	1,253 ( 9.3%)
Median Home Value	$194,585
Average Home Value	$256,286