12 Princeton Ct, Iowa City, IA, 52245 | $575/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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12 Princeton Ct, Iowa City, IA, 52245 | $575/mo Cash Flow | Ziffy

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Iowa City at 12 Princeton Ct, Iowa City, IA, 52245 at $600,000 posts ROI 23.56% with $575/mo cash flow from $4,472/mo rent. Total monthly income equals $4,472/mo, and annual cash flow records $6,900/yr on $197,400 to close. Return on cash invested measures 23.56% and rental yield reads 8.94% at the current $600,000. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 by year five. Five-year ROI prints 122.77% and total cumulative return in cash totals $242,340.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,472/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1966

0.52 Acres lot

$N/A/sqft

No HOA

More details about the property

Completely remodeled Eastside stunner on over half an acre! This beautifully updated home offers space, style, and an unbeatable location tucked at the end of a quiet cul-de-sac in the heart of Iowa Citys desirable Eastsideconvenient to two high schools, shopping, and dining. Every major update has been done: new roof, new furnace, new A/C, new windows, and a full exterior and interior facelift, allowing you to move in with confidence. The main level features a formal living room, formal dining room, and a comfortable family room, offering excellent flow for both everyday living and entertaining. Two woodburning fireplaces. Enjoy morning coffee on the welcoming front porch, and appreciate the functionality of the side-load 2-car garage. With 6 bedrooms and 4 bathrooms, there is room for everyone. The finished lower level adds valuable living spaceperfect for guests, recreation, or a home office setup. Set on over half an acre, the lot offers rare privacy and room to enjoy the outdoors, all within city limits. Easy to show and available immediatelythis is a rare opportunity to own a fully remodeled, move-in-ready home in one of Iowa Citys most sought-after locations.

Neighborhood Data

Neighborhood data shown for ZIP Code: 52245, Iowa City, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,635 (100%)
Owner Occupied HU	6,029 (56.7%)
Renter Occupied HU	3,808 (35.8%)
Vacant Housing Units	798 ( 7.5%)
Median Home Value	$334,877
Average Home Value	$373,131