1316 Garden AveWaterlooIA50701
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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 Waterloo at 1316 Garden Ave, Waterloo, IA, 50701 offers a 9.08% rental yield on a $114,900 purchase with $869/mo rent. Total monthly income registers $869/mo, and a $562/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,478/yr on $38,089 to close, and return on cash invested stands at 23.79% in year one. Equity gained on principal adds $741/yr while 5% annual appreciation supports $31,745 over five years. Portfolio math shows five-year ROI at 124.13% and total cumulative return in cash at $47,282. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $869/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.81 Acres lot
$N/A/sqft
No HOA
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