8 Foster CtEldridgeIA52748
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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
Rental property for sale in Eldridge at 8 Foster Ct, Eldridge, IA, 52748 offers $2,849/mo rent that, after a $3,128/mo payment. Total monthly income is $2,849/mo. Return on cash invested measures 12.63% in year one, and rental yield stands at 5.35% at a $639,000 entry. Equity gained on principal adds $4,123/yr while 5% annual appreciation compounds into $176,544 by year five. Five-year ROI records 64.19% and total cumulative return in cash reaches $134,956. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,849/mo property income versus a $3,128/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.55 Acres 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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