936 23rd Ave APT JCoralvilleIA52241
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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 Coralville at 936 23rd Ave APT J, Coralville, IA, 52241 earns $38/mo cash flow from $1,402/mo rent with a $1,028/mo payment. Total monthly income totals $1,402/mo, and annual cash flow totals $456/yr on $69,615 capital. ROI tracks 20.56% on current figures, and rental yield reads 8.01% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 106.74% and total cumulative return in cash sums $74,308. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,402/mo property income instead of your personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52241, Coralville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,374 (100%) |
| Owner Occupied HU | 5,016 (44.1%) |
| Renter Occupied HU | 5,403 (47.5%) |
| Vacant Housing Units | 955 ( 8.4%) |
| Median Home Value | $323,538 |
| Average Home Value | $376,400 |
Housing Distribution
Address Breakdown
Residential
11,183
Single Family
7,185
Multi-Family
3,998
Businesses
1,149
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Listed by: Angela Ruess • Lepic-Kroeger, REALTORS
Mls Name: Iowa City Area AOR
Mls ID: #202504001