14 Lincoln Ave #7Iowa CityIA52246
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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
Rental property for sale in Iowa City at 14 Lincoln Ave #7, Iowa City, IA, 52246 generates $3,343/mo in rent, after a $3,199/mo payment. Total monthly income is $3,343/mo. Return on cash invested sits at 13.83% in year one, and rental yield is 6.14% on a $653,623 entry. Equity gained on principal adds $4,218/yr, while 5% annual appreciation builds toward $180,584 over five years. Five-year ROI reaches 71.05% and total cumulative return in cash sums $152,783. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,343/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$2,580 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52246, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,176 (100%) |
| Owner Occupied HU | 4,491 (40.2%) |
| Renter Occupied HU | 5,831 (52.2%) |
| Vacant Housing Units | 854 ( 7.6%) |
| Median Home Value | $358,257 |
| Average Home Value | $409,004 |
Housing Distribution
Address Breakdown
Residential
10,652
Single Family
6,750
Multi-Family
3,902
Businesses
346
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Listed by: Mike Bails • Urban Acres Real Estate Corridor
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202500342
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.