815 Commercial St, Council Bluffs, IA, 51503 | $141/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
540 sft

2313 Harney St APT 2001, Omaha, NE, 68102

2 Bed
1 Bath
672 sft

4720 Nebraska Ave, Omaha, NE, 68104

Investment Property+ 1 more

2 Bed
1 Bath
768 sft

3609 Avenue D, Council Bluffs, IA, 51501

2 Bed
1 Bath
639 sft

4312 S 15th St, Omaha, NE, 68107

Nearby investment properties with comparable prices

2 Bed
2 Bath
1035 sft

12727 W Dodge Rd APT 101A, Omaha, NE, 68154

2 Bed
2 Bath
1196 sft

3722 Gayle Ave, Bellevue, NE, 68123

2 Bed
2 Bath
1682 sft

1120 Delmar St APT 4B, Papillion, NE, 68046

3 Bed
1 Bath
1760 sft

4128 N 55th Ave, Omaha, NE, 68104

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Council Bluffs at 815 Commercial St, Council Bluffs, IA, 51503 generates $1,504/mo in rent and, after a $1,027/mo payment, leaves $141/mo in cash flow. Total monthly income is $1,504/mo, and annual cash flow is $1,694/yr on $69,582 invested. Return on cash invested sits at 22.34% in year one, and rental yield is 8.6% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 116.37% and total cumulative return in cash sums $80,972. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,504/mo property income rather than buyer’s personal income.

Single Family

Built in 1920

9,409 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51503, Council Bluffs, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,228 (100%)
Owner Occupied HU	10,261 (63.2%)
Renter Occupied HU	4,873 (30.0%)
Vacant Housing Units	1,094 ( 6.7%)
Median Home Value	$279,939
Average Home Value	$335,167