824 Jackson StTiffinIA52340
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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 Tiffin at 824 Jackson St, Tiffin, IA, 52340 priced at $320,000 converts $2,143/mo rent into $48/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,143/mo, and annual cash flow totals $571/yr on $106,080 invested. Return on cash invested prints 20.45% in year one, and rental yield reads 8.04% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 106.21% and total cumulative return in cash sums $112,671. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,143/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2016
6,570 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52340, Tiffin, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,399 (100%) |
| Owner Occupied HU | 1,622 (67.6%) |
| Renter Occupied HU | 534 (22.3%) |
| Vacant Housing Units | 243 (10.1%) |
| Median Home Value | $343,688 |
| Average Home Value | $346,595 |
Housing Distribution
Address Breakdown
Residential
2,445
Single Family
2,168
Multi-Family
277
Businesses
140
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Listed by: Tina Frantz • Ambrose & Associates, REALTORS
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202500574
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.