222 W Wellington St, Waterloo, IA, 50701 | 5.4% Rental Yield

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 222 W Wellington St, Waterloo, IA, 50701 with 5% annual appreciation on a $185,000 basis while $832/mo rent supports operations. 69% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 5.4%. Five-year ROI measures 64.5% and total cumulative return in cash totals $39,555. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $832/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1959

6,250 sqft lot

$N/A/sqft

No HOA