G 2420th Ave, Council Bluffs, IA, 51501 | $164/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Council Bluffs at G 2420th Ave, Council Bluffs, IA, 51501 uses $42,399 cash to close to unlock $1,972/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $995/mo, and a $626/mo payment keeps the spread at $164/mo. Purchase price stands at $127,900, and rental yield measures 9.34% with $995/mo rent. Return on cash invested shows 24.56% in year one, and 5% annual appreciation builds toward $35,336 over five years. Five-year ROI reaches 128.28% and total cumulative return in cash records $54,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $995/mo property income covering a $626/mo payment rather than investor’s personal income.

Single Family

Built in 1920

6,248 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51501, Council Bluffs, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,002 (100%)
Owner Occupied HU	8,402 (56.0%)
Renter Occupied HU	5,553 (37.0%)
Vacant Housing Units	1,047 ( 7.0%)
Median Home Value	$160,519
Average Home Value	$201,483