1316 Glenny AveWaterlooIA50702
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
Investment Highlights
Rental property for sale in Waterloo at 1316 Glenny Ave, Waterloo, IA, 50702 priced at $134,900 pairs $1,550/mo rent with $637/mo cash flow after a $660/mo payment. Total monthly income equals $1,550/mo, and annual cash flow comes to $7,646/yr on $44,719 invested. Return on cash invested is 37.01% in year one, and rental yield stands at 13.79% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 195.39% and total cumulative return in cash reaches $87,377. For financing, Ziffy Mortgage’s DSCR program evaluates $1,550/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50702, Waterloo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,610 (100%) |
| Owner Occupied HU | 5,353 (55.7%) |
| Renter Occupied HU | 3,444 (35.8%) |
| Vacant Housing Units | 813 ( 8.5%) |
| Median Home Value | $152,827 |
| Average Home Value | $176,096 |
Housing Distribution
Address Breakdown
Residential
8,934
Single Family
7,410
Multi-Family
1,524
Businesses
759
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Listed by: Brianna Weekley • Realty ONE Group Movement
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20252246
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