728 E Iowa StEldridgeIA52748
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Eldridge at 728 E Iowa St, Eldridge, IA, 52748 priced at $230,000 pairs $1,966/mo rent with $472/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,966/mo, and annual cash flow comes to $5,664/yr on $76,245 invested. Return on cash invested is 27.34% in year one, and rental yield stands at 10.26% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 143.07% and total cumulative return in cash reaches $109,087. For financing, Ziffy Mortgage’s DSCR program evaluates $1,966/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1996
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52748, Eldridge, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,159 (100%) |
| Owner Occupied HU | 3,016 (72.5%) |
| Renter Occupied HU | 904 (21.7%) |
| Vacant Housing Units | 239 ( 5.7%) |
| Median Home Value | $375,552 |
| Average Home Value | $398,076 |
Housing Distribution
Address Breakdown
Residential
4,062
Single Family
3,554
Multi-Family
508
Businesses
307
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