1107-1113 Rainbow DrWaterlooIA50701
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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 Waterloo at 1107-1113 Rainbow Dr, Waterloo, IA, 50701 earns from $1,153/mo rent with a $1,370/mo payment. Total monthly income totals $1,153/mo. ROI tracks 11.31% on current figures, and rental yield reads 4.94% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 57.11% and total cumulative return in cash sums $53,013. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,153/mo property income instead of your personal income.
Multi Family
Built in 1940
0.48 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Bond Shymansky • Skogman Realty
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20251576
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