LOT 7 Perscilla Ct LOT 7North LibertyIA52317
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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 North Liberty at LOT 7 Perscilla Ct LOT 7, North Liberty, IA, 52317 offers $2,100/mo rent that, after a $1,909/mo payment. Total monthly income is $2,100/mo. Return on cash invested measures 15.89% in year one, and rental yield stands at 6.46% at a $389,990 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,747 by year five. Five-year ROI records 81.73% and total cumulative return in cash reaches $105,665. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,100/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52317, North Liberty, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,351 (100%) |
| Owner Occupied HU | 6,204 (66.3%) |
| Renter Occupied HU | 2,754 (29.5%) |
| Vacant Housing Units | 393 ( 4.2%) |
| Median Home Value | $356,391 |
| Average Home Value | $391,474 |
Housing Distribution
Address Breakdown
Residential
9,568
Single Family
8,026
Multi-Family
1,542
Businesses
615
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Listed by: Mark Southwood • New Home Sonar LLC
Mls Name: My State MLS
Mls ID: #11419461