84 Horseshoe Bay Ct #84MoraviaIA52571
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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 Moravia at 84 Horseshoe Bay Ct #84, Moravia, IA, 52571 listed at $180,000 pairs $1,018/mo rent with a $881/mo payment. Total monthly income runs $1,018/mo. Return on cash invested measures 16.87% in year one, and rental yield registers 6.79% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 86.97% and total cumulative return in cash totals $51,893. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,018/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52571, Moravia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 898 (100%) |
| Owner Occupied HU | 547 (60.9%) |
| Renter Occupied HU | 126 (14.0%) |
| Vacant Housing Units | 225 (25.1%) |
| Median Home Value | $186,413 |
| Average Home Value | $246,271 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
655
Multi-Family
22
Businesses
49
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