LOT 1 Forrest Ridge DrDubuqueIA52003
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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 Dubuque at LOT 1 Forrest Ridge Dr, Dubuque, IA, 52003 priced at $982,500 converts $0/mo rent into after a $4,809/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.63% in year one, and rental yield reads 0% against a $982,500 entry. Equity gained on principal adds $6,340/yr, while 5% annual appreciation compiles into $271,447 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $4,809/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52003, Dubuque, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,282 (100%) |
| Owner Occupied HU | 5,062 (80.6%) |
| Renter Occupied HU | 823 (13.1%) |
| Vacant Housing Units | 397 ( 6.3%) |
| Median Home Value | $305,716 |
| Average Home Value | $344,051 |
Housing Distribution
Address Breakdown
Residential
6,184
Single Family
5,671
Multi-Family
513
Businesses
528
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices