126 Bergen DrWaterlooIA50701
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 126 Bergen Dr, Waterloo, IA, 50701 in Waterloo is a conservative rental investment at $374,500. Rental yield 6.86%. A 1.31 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $103,467; $3,449/yr in principal paydown supplements. Total projected return: $118,824.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 8.5% |
| Monthly Cash Flow | $(291) | $325 |
City averages based on Waterloo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,204 |
| Total Monthly Debt Service | $2,433 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2021
6,098 sqft lot
$N/A/sqft
$150 monthly HOA
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
Condo
Built in 2021
6,098 sqft lot
$N/A/sqft
$150 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Wienands • AWRE, EXP Realty, LLC
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20252898
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