109 Sunset StWaverlyIA50677
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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 Waverly at 109 Sunset St, Waverly, IA, 50677 offers a 9.77% rental yield on a $145,000 purchase with $1,181/mo rent. Total monthly income registers $1,181/mo, and a $710/mo payment leaves $239/mo available for distribution. Annual cash flow reaches $2,868/yr on $48,068 to close, and return on cash invested stands at 25.88% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 135.2% and total cumulative return in cash at $64,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,181/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50677, Waverly, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,367 (100%) |
| Owner Occupied HU | 3,755 (70.0%) |
| Renter Occupied HU | 1,111 (20.7%) |
| Vacant Housing Units | 501 ( 9.3%) |
| Median Home Value | $251,361 |
| Average Home Value | $282,613 |
Housing Distribution
Address Breakdown
Residential
5,014
Single Family
4,584
Multi-Family
430
Businesses
421
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Listed by: Chelsey Weinmeister • EXIT Unlimited
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #153168
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.