250 Sheridan Rd, Waterloo, IA, 50701 | $785/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 250 Sheridan Rd, Waterloo, IA, 50701 uses $81,218 cash to close to unlock $9,420/yr annual cash flow and $785/mo monthly cash flow. Total monthly income runs $2,376/mo, and a $1,199/mo payment keeps the spread at $785/mo. Purchase price stands at $245,000, and rental yield measures 11.64% with $2,376/mo rent. Return on cash invested shows 31.51% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 165.42% and total cumulative return in cash records $134,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,376/mo property income covering a $1,199/mo payment rather than investor’s personal income.

Single Family

Built in 1960

9,147 sqft lot

$N/A/sqft

No HOA