Tulip AveFlorisIA52560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Floris at Tulip Ave, Floris, IA, 52560 priced at $1,031,413 pairs $1,636/mo rent with after a $5,048/mo payment. Total monthly income equals $1,636/mo. Return on cash invested is 2.19% in year one, and rental yield stands at 1.9% on a $1,031,413 basis. Equity gained on principal adds $6,656/yr, and 5% annual appreciation accumulates to $284,960 by year five. Five-year ROI measures 8.14% and total cumulative return in cash reaches $27,218. For financing, Ziffy Mortgage’s DSCR program evaluates $1,636/mo property income against a $5,048/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
176.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52560, Floris, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 130 (76.9%) |
| Renter Occupied HU | 15 ( 8.9%) |
| Vacant Housing Units | 24 (14.2%) |
| Median Home Value | $258,750 |
| Average Home Value | $335,442 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
129
Multi-Family
0
Businesses
5
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