803 Orleans AveKeokukIA52632
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 Keokuk at 803 Orleans Ave, Keokuk, IA, 52632 priced at $146,500 converts $1,020/mo rent into $23/mo cash flow after a $717/mo obligation. Total monthly income equals $1,020/mo, and annual cash flow totals $274/yr on $48,565 invested. Return on cash invested prints 20.47% in year one, and rental yield reads 8.35% against a $146,500 entry. Equity gained on principal adds $945/yr, while 5% annual appreciation compiles into $40,475 by year five. Five-year ROI reaches 106.69% and total cumulative return in cash sums $51,815. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $717/mo payment, not borrower’s personal income.
Single Family
Built in 1928
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52632, Keokuk, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 3,476 (61.0%) |
| Renter Occupied HU | 1,509 (26.5%) |
| Vacant Housing Units | 713 (12.5%) |
| Median Home Value | $121,543 |
| Average Home Value | $172,788 |
Housing Distribution
Address Breakdown
Residential
5,095
Single Family
4,746
Multi-Family
349
Businesses
533
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sara Sargent • Weichert Realtors-The Massimo Group
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328035
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.