1977 Kamille CtWaterlooIA50701
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 1977 Kamille Ct, Waterloo, IA, 50701 in Waterloo is the 1.57 coverage ratio: rent of $2,690/mo versus a $1,708/mo debt payment on a $379,900 property. Rental yield 8.5%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $104,959 by year five, with $3,499/yr in equity from paydown. Total projected cumulative return: $140,949.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 8.5% |
| Monthly Cash Flow | $(77) | $325 |
City averages based on Waterloo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,690 |
| Total Monthly Debt Service | $2,616 |
| DSCR Ratio | 1.03x |
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.
Condo
Built in 1996
7,840 sqft lot
$N/A/sqft
$300 monthly 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
Condo
Built in 1996
7,840 sqft lot
$N/A/sqft
$300 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gerald Sorensen • RE/MAX Concepts - Cedar Falls
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20252299
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 2025-05-23 12:37:19 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.