1850 Bishop AveWaverlyIA50677
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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
Total monthly income runs $2,180/mo, and a $2,398/mo payment. Purchase price stands at $490,000, and rental yield measures 5.34% with $2,180/mo rent. Return on cash invested shows 12.51% in year one, and 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 63.53% and total cumulative return in cash records $103,200. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,180/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 1950
5 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50677, Waverly, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,367 (100%) |
| Owner Occupied HU | 3,755 (70.0%) |
| Renter Occupied HU | 1,111 (20.7%) |
| Vacant Housing Units | 501 ( 9.3%) |
| Median Home Value | $251,361 |
| Average Home Value | $282,613 |
Housing Distribution
Address Breakdown
Residential
5,014
Single Family
4,584
Multi-Family
430
Businesses
421
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