1530 Maxine AveWaterlooIA50701
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 1530 Maxine Ave, Waterloo, IA, 50701 in Waterloo delivers $1,883/mo in gross rent and $476/mo in net monthly income at a $212,500 entry. The 10.63% yield and 1.97 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $58,710 over five years and $1,957/yr in equity from loan paydown, total projected return is $111,635.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 8.5% |
| Monthly Cash Flow | $476 | $325 |
City averages based on Waterloo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,883 |
| Total Monthly Debt Service | $1,322 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1982
7,405 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1982
7,405 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Benda • Fischels Commercial Group
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20253697
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, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Based on information submitted to the MLS GRID as of 2025-10-07 02:42:19 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.