1103 S Iowa AveWashingtonIA52353
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Washington at 1103 S Iowa Ave, Washington, IA, 52353 uses $49,725 cash to close to unlock $2,148/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,153/mo, and a $734/mo payment keeps the spread at $179/mo. Purchase price stands at $150,000, and rental yield measures 9.22% with $1,153/mo rent. Return on cash invested shows 24.23% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 126.37% and total cumulative return in cash records $62,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,153/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1916
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52353, Washington, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,946
Single Family
3,655
Multi-Family
291
Businesses
429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay Robertson • Robertson Real Estate Inc
Mls Name: Iowa City Area AOR
Mls ID: #202505498