206 Ridge RdWilliamsburgIA52361
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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 Williamsburg at 206 Ridge Rd, Williamsburg, IA, 52361 uses $80,886 cash to close to unlock $4,843/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $1,988/mo, and a $1,194/mo payment keeps the spread at $404/mo. Purchase price stands at $244,000, and rental yield measures 9.78% with $1,988/mo rent. Return on cash invested shows 25.9% in year one, and 5% annual appreciation builds toward $67,413 over five years. Five-year ROI reaches 135.37% and total cumulative return in cash records $109,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,988/mo property income covering a $1,194/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52361, Williamsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,185 (100%) |
| Owner Occupied HU | 1,511 (69.2%) |
| Renter Occupied HU | 527 (24.1%) |
| Vacant Housing Units | 147 ( 6.7%) |
| Median Home Value | $224,342 |
| Average Home Value | $297,057 |
Housing Distribution
Address Breakdown
Residential
1,820
Single Family
1,571
Multi-Family
249
Businesses
226
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Listed by: Michele East • East Realty, LLC
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329407
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.