1217 Scott Ave,Waterloo,IA,50701

Investment Highlights

Investment property for sale in Waterloo at 1217 Scott Ave, Waterloo, IA, 50701 offers a 9.34% rental yield on a $164,900 purchase with $1,284/mo rent. Total monthly income registers $1,284/mo, and a $807/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,558/yr on $54,664 to close, and return on cash invested stands at 24.59% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 128.41% and total cumulative return in cash at $70,192. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,284/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.