2108 Josie Rdg, Waterloo, IA, 50701 | $224/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waterloo at 2108 Josie Rdg, Waterloo, IA, 50701 uses $62,952 cash to close to unlock $2,690/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,457/mo, and a $929/mo payment keeps the spread at $224/mo. Purchase price stands at $189,900, and rental yield measures 9.21% with $1,457/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 126.22% and total cumulative return in cash records $79,457. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,457/mo property income covering a $929/mo payment rather than investor’s personal income.

Condo

Built in 2004

N/A lot

$N/A/sqft

No HOA