215 Randolph 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 215 Randolph St, Waterloo, IA, 50701 generates $1,094/mo in rent and, after a $563/mo payment, leaves $347/mo in cash flow. Total monthly income is $1,094/mo, and annual cash flow is $4,164/yr on $38,123 invested. Return on cash invested sits at 30.83% in year one, and rental yield is 11.42% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 161.79% and total cumulative return in cash sums $61,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,094/mo property income rather than buyer’s personal income.
Single Family
Built in 1893
3,484 sqft lot
$N/A/sqft
No HOA
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Listed by: Jennifer Bainbridge • RE/MAX Concepts - Waterloo
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20251469
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