The Mickelson Plan, Saddleback EstatesSolonIA52333
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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 Solon at The Mickelson Plan, Saddleback Estates, Solon, IA, 52333 priced at $660,000 pairs $4,555/mo rent with $109/mo cash flow after a $3,230/mo payment. Total monthly income equals $4,555/mo, and annual cash flow comes to $1,308/yr on $217,140 invested. Return on cash invested is 20.66% in year one, and rental yield stands at 8.28% on a $660,000 basis. Equity gained on principal adds $4,259/yr, and 5% annual appreciation accumulates to $182,346 by year five. Five-year ROI measures 107.56% and total cumulative return in cash reaches $233,553. For financing, Ziffy Mortgage’s DSCR program evaluates $4,555/mo property income against a $3,230/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52333, Solon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,033 (100%) |
| Owner Occupied HU | 2,525 (83.3%) |
| Renter Occupied HU | 345 (11.4%) |
| Vacant Housing Units | 163 ( 5.4%) |
| Median Home Value | $386,995 |
| Average Home Value | $538,050 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,840
Multi-Family
74
Businesses
179
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