1231 E College StIowa CityIA52245
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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
Investment Highlights
Investment property for sale in Iowa City at 1231 E College St, Iowa City, IA, 52245 earns from $4,292/mo rent with a $4,846/mo payment. Total monthly income totals $4,292/mo. ROI tracks 12.18% on current figures, and rental yield reads 5.2% at a $990,000 purchase. Equity gained on principal adds $6,388/yr, and 5% annual appreciation supports $273,519 over five years. Five-year ROI reaches 61.78% and total cumulative return in cash sums $201,212. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,292/mo property income instead of your personal income.
Single Family
Built in 1910
0.49 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,923
Single Family
8,092
Multi-Family
1,831
Businesses
287
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