








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Washington at 1306 E 2nd St, Washington, IA, 52353 generates $1,958/mo in rent and, after a $1,174/mo payment, leaves $400/mo in cash flow. Total monthly income is $1,958/mo, and annual cash flow is $4,802/yr on $79,527 invested. Return on cash invested sits at 25.95% in year one, and rental yield is 9.79% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 135.68% and total cumulative return in cash sums $107,899. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,958/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52353, Washington, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,106 (100%) |
| Owner Occupied HU | 2,697 (65.7%) |
| Renter Occupied HU | 1,115 (27.2%) |
| Vacant Housing Units | 294 ( 7.2%) |
| Median Home Value | $173,592 |
| Average Home Value | $231,948 |
Residential
3,946
Single Family
3,655
Multi-Family
291
Businesses
429
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lyndsay Krings • Ruhl & Ruhl Realtors
Mls Name: Muscatine BOR
Mls ID: #25-462