805 W Sheridan DrEldridgeIA52748
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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 Eldridge at 805 W Sheridan Dr, Eldridge, IA, 52748 with 5% annual appreciation on a $385,000 basis while $2,666/mo rent supports operations. Total monthly income totals $2,666/mo and a $1,884/mo payment preserves $166/mo for cash returns. Annual cash flow comes to $1,992/yr on $127,628 deployed, and return on cash invested reaches 21.47% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 8.31%. Five-year ROI measures 111.6% and total cumulative return in cash totals $142,426.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,666/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
9,147 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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