809 High Ridge TrlSolonIA52333
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
Investment property for sale in Solon at 809 High Ridge Trl, Solon, IA, 52333 at $317,900 posts ROI 31.8% with $1,044/mo cash flow from $3,119/mo rent. Total monthly income equals $3,119/mo, and annual cash flow records $12,532/yr on $105,384 to close. Return on cash invested measures 31.8% and rental yield reads 11.77% at the current $317,900. Equity gained on principal adds $2,051/yr, and 5% annual appreciation supports $87,830 by year five. Five-year ROI prints 167.07% and total cumulative return in cash totals $176,068.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,119/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52333, Solon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,033 (100%) |
| Owner Occupied HU | 2,525 (83.3%) |
| Renter Occupied HU | 345 (11.4%) |
| Vacant Housing Units | 163 ( 5.4%) |
| Median Home Value | $386,995 |
| Average Home Value | $538,050 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,840
Multi-Family
74
Businesses
179
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Nearby investment properties with comparable prices
Listed by: Michael Van Dyke • Watts Group Realty
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202405015
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.