141 S Scott BlvdIowa CityIA52245
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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 141 S Scott Blvd, Iowa City, IA, 52245 priced at $117,500 pairs $909/mo rent with $146/mo cash flow after a $575/mo payment. Total monthly income equals $909/mo, and annual cash flow comes to $1,752/yr on $38,951 invested. Return on cash invested is 24.41% in year one, and rental yield stands at 9.28% on a $117,500 basis. Equity gained on principal adds $758/yr, and 5% annual appreciation accumulates to $32,463 by year five. Five-year ROI measures 127.36% and total cumulative return in cash reaches $49,610. For financing, Ziffy Mortgage’s DSCR program evaluates $909/mo property income against a $575/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52245, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,635 (100%) |
| Owner Occupied HU | 6,029 (56.7%) |
| Renter Occupied HU | 3,808 (35.8%) |
| Vacant Housing Units | 798 ( 7.5%) |
| Median Home Value | $334,877 |
| Average Home Value | $373,131 |
Housing Distribution
Address Breakdown
Residential
9,923
Single Family
8,092
Multi-Family
1,831
Businesses
287
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