9311 Lakeview DrBurlingtonIA52601
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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 Burlington at 9311 Lakeview Dr, Burlington, IA, 52601 uses $85,859 cash to close to unlock $7,159/yr annual cash flow and $597/mo monthly cash flow. Total monthly income runs $2,279/mo, and a $1,268/mo payment keeps the spread at $597/mo. Purchase price stands at $259,000, and rental yield measures 10.56% with $2,279/mo rent. Return on cash invested shows 28.25% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 147.97% and total cumulative return in cash records $127,048. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,279/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52601, Burlington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,966 (100%) |
| Owner Occupied HU | 8,253 (59.1%) |
| Renter Occupied HU | 3,917 (28.0%) |
| Vacant Housing Units | 1,796 (12.9%) |
| Median Home Value | $158,166 |
| Average Home Value | $212,426 |
Housing Distribution
Address Breakdown
Residential
12,682
Single Family
11,980
Multi-Family
702
Businesses
1,151
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Listed by: Leiah Prall • Century 21/Property Profession
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325257
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.