2007-2009 Burton AveWaterlooIA50703
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2007-2009 Burton Ave, Waterloo, IA, 50703 in Waterloo at $130,000 earns $990/mo in rent and nets $146/mo after the $585/mo payment, a 9.14% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $35,917 over five years. Ziffy Mortgage underwrites this on a 1.69 DSCR without U.S. credit history. With $1,197/yr in principal paydown, total projected return reaches $58,829.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 8.5% |
| Monthly Cash Flow | $146 | $325 |
City averages based on Waterloo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $990 |
| Total Monthly Debt Service | $793 |
| DSCR Ratio | 1.25x |
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.
Multi Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50703, Waterloo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,698 (100%) |
| Owner Occupied HU | 4,318 (49.6%) |
| Renter Occupied HU | 3,403 (39.1%) |
| Vacant Housing Units | 977 (11.2%) |
| Median Home Value | $107,489 |
| Average Home Value | $151,991 |
Housing Distribution
Address Breakdown
Residential
8,057
Single Family
7,161
Multi-Family
896
Businesses
581
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
Multi Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50703, Waterloo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,698 (100%) |
| Owner Occupied HU | 4,318 (49.6%) |
| Renter Occupied HU | 3,403 (39.1%) |
| Vacant Housing Units | 977 (11.2%) |
| Median Home Value | $107,489 |
| Average Home Value | $151,991 |
Housing Distribution
Address Breakdown
Residential
8,057
Single Family
7,161
Multi-Family
896
Businesses
581
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices