Prairie View PlRockfordIA50468
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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 Rockford at Prairie View Pl, Rockford, IA, 50468 uses $49,642 cash to close to unlock $1,853/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,127/mo, and a $733/mo payment keeps the spread at $154/mo. Purchase price stands at $149,750, and rental yield measures 9.03% with $1,127/mo rent. Return on cash invested shows 23.64% in year one, and 5% annual appreciation builds toward $41,373 over five years. Five-year ROI reaches 123.31% and total cumulative return in cash records $61,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,127/mo property income covering a $733/mo payment rather than investor’s personal income.
Single Family
Built in N/A
10.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50468, Rockford, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 687 (100%) |
| Owner Occupied HU | 481 (70.0%) |
| Renter Occupied HU | 128 (18.6%) |
| Vacant Housing Units | 78 (11.4%) |
| Median Home Value | $160,417 |
| Average Home Value | $210,296 |
Housing Distribution
Address Breakdown
Residential
590
Single Family
590
Multi-Family
0
Businesses
40
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Listed by: Dodie Wilkins • Century 21 Preferred
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #250437
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.