820 S Dubuque StSolonIA52333
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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 Solon at 820 S Dubuque St, Solon, IA, 52333 priced at $251,600 converts $2,347/mo rent into $713/mo cash flow after a $1,231/mo obligation. Total monthly income equals $2,347/mo, and annual cash flow totals $8,561/yr on $83,405 invested. Return on cash invested prints 30.17% in year one, and rental yield reads 11.19% against a $251,600 entry. Equity gained on principal adds $1,624/yr, while 5% annual appreciation compiles into $69,512 by year five. Five-year ROI reaches 158.3% and total cumulative return in cash sums $132,032. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,347/mo property income covering a $1,231/mo payment, not borrower’s personal income.
Single Family
Built in 1973
8,760 sqft lot
$N/A/sqft
No 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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