1915 Plainview StWaterlooIA50707
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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 1915 Plainview St, Waterloo, IA, 50707 listed at $144,900 pairs $1,067/mo rent with a $709/mo payment to leave $126/mo cash flow. Total monthly income runs $1,067/mo, and annual cash flow reaches $1,514/yr on $48,034 cash to close. Return on cash invested measures 23.06% in year one, and rental yield registers 8.84% at a $144,900 basis. Equity gained on principal adds $935/yr, and annual property appreciation at 5% supports $40,033 by year five. Five-year ROI tracks 120.22% and total cumulative return in cash totals $57,745. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,067/mo property income relative to a $709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Karmen Schwake • Oakridge Real Estate
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20243711
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