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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Washington at 1103 N 8th Ave, Washington, IA, 52353 offers a 9.91% rental yield on a $189,900 purchase with $1,568/mo rent. Total monthly income registers $1,568/mo, and a $929/mo payment leaves $315/mo available for distribution. Annual cash flow reaches $3,775/yr on $62,952 to close, and return on cash invested stands at 25.91% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 135.56% and total cumulative return in cash at $85,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,568/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52353, Washington, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,106 (100%) |
| Owner Occupied HU | 2,697 (65.7%) |
| Renter Occupied HU | 1,115 (27.2%) |
| Vacant Housing Units | 294 ( 7.2%) |
| Median Home Value | $173,592 |
| Average Home Value | $231,948 |
Residential
3,946
Single Family
3,655
Multi-Family
291
Businesses
429
Date | Event | Price |
|---|---|---|
| 2025-03-06 | Sold | $189,900 |
| 2025-02-05 | Listed for sale | $189,900 |
| 2025-02-05 | Listing removed | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $3134.00 | -3.27% | $161,700 | N/A |
| 2023-10-21 | $3240.00 | 6.09% | $161,700 | 12.84% |
| 2022-10-21 | $3054.00 | 3.18% | $143,300 | N/A |
Listed by: Katie Sisson • Ruhl&Ruhl, Realtors
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202500900
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.
