1545 Knight Ave, Waverly, IA, 50674 | 3.77% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waverly at 1545 Knight Ave, Waverly, IA, 50674 offers a 3.77% rental yield on a $419,900 purchase with $1,320/mo rent. 33% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 20.99% and total cumulative return in cash at $29,220. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 2025

N/A lot

$N/A/sqft

$400 monthly HOA