Zip Code
609 N Garfield Ave, Burlington, IA 52601
3 beds · 1 bath · 1,299 sq ft · Lot: 7,122 sq ft · Single Family Home · Last Sold: $30K in 2023 · Built: 1875
Est. Value:
$64.9K
Est. Rent:
$1.1K/month

609 N Garfield Ave Burlington, IA 52601

3 beds · 1 bath · 1,299 sq ft · Lot Size: 7,122 sq ft · Single Family Home
Est. Property Value: $64,948

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

609 N Garfield Ave is in the 52601 neighborhood of Burlington, IA. It is located in Des Moines County and ZIP code 52601. This Single Family Home was built in 1875 and is approximately 150 years old. The single family home spans 1299 sq ft with 3 bedrooms and 1 bathroom and sits on a 7122 sq ft lot. According to public records, it was last sold in 2023 for $30,000 and has a tax-assessed value of $36,900, which is $50 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 609 N Garfield Ave Burlington, IA 52601 with Property Intel by Whitepages.

Investment Potential for 609 N Garfield Ave

The property has a current estimated value of $64,948, which is 31% below the zip median, based on public records. It last sold on July 27, 2023 for $30K. Projected long-term
is $12,600 annually ($1,050 per month) with a 90% occupancy rate.

Discover more Single Family Homes in 52601.

Long-Term

Gross Rental
$12,600 per year($1,050 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 52601 zip code
 
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Owners & Occupancy for 609 N Garfield Ave

No contact information is available.

Occupancy

Resident 1**************

Property Details for 609 N Garfield Ave

Property Details

Property Sq Ft

Living Area

1,299 sq ft

18% below market

Lot Size

7,122 sq ft

12% below market

Price Per Sq Ft

Living Area

$50 / sq ft

24% below market

Lot Size Area

$9 / sq ft

28% below market

Property condition, age, exterior, etc. for 609 N Garf…
Longitude: -91.118993 Latitude: 40.815047 Parcel Number (APN): 11-32-309-015…
Mortgage originated on through lender: Connection Bk for$*****View Mortgage Details
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Recommended Properties in 52601

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Market Benchmarks

Compare data for 609 N Garfield Ave in Des Moines County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$64,948
$205,860
-$140,912 (-68%)
$309,345
-$216,901 (-70%)
YoY Price Change
2.63%
398%
Year Built
1875
1966
-91 years
Living Space
1,299 sq ft
1,560 sq ft
-261 (-17%)
$ Per Living Sq Ft
$50
$136
-$86 (-63%)
Lot Size
7,122 sq ft
10,500 sq ft
-3378 (-32%)
$ Per Lot Sq Ft
$9
$22
-$13 (-59%)

Net Operating Income
$13,028
-$3,151 (-24%)
Annual Revenue
$12,600
$19,800
-$7,200 (-36%)
$6,241
-$3,518 (-56%)
Net Operating Income
$13,028
-$3,151 (-24%)
Cap Rate
6.02%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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