2006 W 3rd StWaterlooIA50701
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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
Rental property for sale in Waterloo at 2006 W 3rd St, Waterloo, IA, 50701 generates $988/mo in rent and, after a $534/mo payment, leaves $280/mo in cash flow. Total monthly income is $988/mo, and annual cash flow is $3,355/yr on $36,134 invested. Return on cash invested sits at 29.19% in year one, and rental yield is 10.88% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 153.09% and total cumulative return in cash sums $55,318. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $988/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
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