1406 SE Williams CtWaukeeIA50263
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
Investment property for sale in Waukee at 1406 SE Williams Ct, Waukee, IA, 50263 earns $380/mo cash flow from $2,179/mo rent with a $1,356/mo payment. Total monthly income totals $2,179/mo, and annual cash flow totals $4,558/yr on $91,826 capital. ROI tracks 24.87% on current figures, and rental yield reads 9.44% at a $277,000 purchase. Equity gained on principal adds $1,787/yr, and 5% annual appreciation supports $76,530 over five years. Five-year ROI reaches 129.85% and total cumulative return in cash sums $119,235. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,179/mo property income instead of your personal income.
Condo
Built in 2005
2,238 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50263, Waukee, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,203 (100%) |
| Owner Occupied HU | 8,835 (62.2%) |
| Renter Occupied HU | 3,821 (26.9%) |
| Vacant Housing Units | 1,547 (10.9%) |
| Median Home Value | $376,616 |
| Average Home Value | $419,225 |
Housing Distribution
Address Breakdown
Residential
13,089
Single Family
11,519
Multi-Family
1,570
Businesses
611
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices