1022 Chatham DrWilliamsburgIA52361
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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 Williamsburg at 1022 Chatham Dr, Williamsburg, IA, 52361 earns $356/mo cash flow from $1,982/mo rent with a $1,101/mo payment. Total monthly income totals $1,982/mo, and annual cash flow totals $4,272/yr on $74,588 capital. ROI tracks 25.64% on current figures, and rental yield reads 10.57% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 134.88% and total cumulative return in cash sums $100,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,982/mo property income instead of your personal income.
Condo
Built in 1991
9,583 sqft lot
$N/A/sqft
$1,980 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52361, Williamsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,185 (100%) |
| Owner Occupied HU | 1,511 (69.2%) |
| Renter Occupied HU | 527 (24.1%) |
| Vacant Housing Units | 147 ( 6.7%) |
| Median Home Value | $224,342 |
| Average Home Value | $297,057 |
Housing Distribution
Address Breakdown
Residential
1,820
Single Family
1,571
Multi-Family
249
Businesses
226
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Listed by: Jennifer Jacobs • RE/MAX Concepts
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202405208
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.