1006 1008 Court St, Burlington, IA 52601

2,440 sqft · built 1900 · Burlington · MULTI_FAMILY·source listing ↗

$60,000

rent, three ways

OnePercent model (vv1)$2,208/mo

p10–p90 confidence band

HUD Fair Market Rent · 52601 · $740/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Des Moines

Flood risk indexRelatively High FEMA NRI

Median household income$60,983

Median area rent$910/mo

Median home value$124,200

the verdict

3.68%vs 1.2% target

financing: 20% down · — (FRED, live) · 30yr

$60,000

3.68% · rent $2,208

Intrinsic value · income approach

$218,702

73% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.