141 Prospect BlvdWaterlooIA50701
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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 141 Prospect Blvd, Waterloo, IA, 50701 with 5% annual appreciation on a $169,000 basis while $1,856/mo rent supports operations. Total monthly income totals $1,856/mo and a $827/mo payment preserves $659/mo for cash returns. Annual cash flow comes to $7,910/yr on $56,024 deployed, and return on cash invested reaches 34.03% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,692 alongside rental yield of 13.18%. Five-year ROI measures 179.81% and total cumulative return in cash totals $100,735.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,856/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Victoria Lockard • Lockard Realty Company
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20243468
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