1033 Dundee AveWaterlooIA50701
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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 Waterloo at 1033 Dundee Ave, Waterloo, IA, 50701 offers $1,026/mo rent that, after a $616/mo payment, leaves $205/mo cash flow. Total monthly income is $1,026/mo, and annual cash flow is $2,457/yr on $41,736 cash. Return on cash invested measures 25.8% in year one, and rental yield stands at 9.78% at a $125,900 entry. Equity gained on principal adds $812/yr while 5% annual appreciation compounds into $34,784 by year five. Five-year ROI records 134.88% and total cumulative return in cash reaches $56,292. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,026/mo property income versus a $616/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Michael Taylor • Lockard Realty Company
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20251216
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