1092 Walnut Ave UNIT 206RiversideIA52327
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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 Riverside at 1092 Walnut Ave UNIT 206, Riverside, IA, 52327 listed at $129,900 pairs $1,039/mo rent with a $636/mo payment to leave $10/mo cash flow. Total monthly income runs $1,039/mo, and annual cash flow reaches $115/yr on $43,062 cash to close. Return on cash invested measures 20.18% in year one, and rental yield registers 9.6% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 106.58% and total cumulative return in cash totals $45,895. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,039/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
$2,148 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52327, Riverside, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 1,000 (71.8%) |
| Renter Occupied HU | 293 (21.0%) |
| Vacant Housing Units | 100 ( 7.2%) |
| Median Home Value | $294,413 |
| Average Home Value | $346,665 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
1,098
Multi-Family
0
Businesses
70
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Listed by: Paul Park • Lepic-Kroeger, REALTORS
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202501542
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.