253 Huntington DrIowa CityIA52245
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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 Iowa City at 253 Huntington Dr, Iowa City, IA, 52245 with 5% annual appreciation on a $280,000 basis while $2,581/mo rent supports operations. Total monthly income totals $2,581/mo and a $1,370/mo payment preserves $763/mo for cash returns. Annual cash flow comes to $9,156/yr on $92,820 deployed, and return on cash invested reaches 29.77% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 11.06%. Five-year ROI measures 156.13% and total cumulative return in cash totals $144,921.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,581/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52245, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,635 (100%) |
| Owner Occupied HU | 6,029 (56.7%) |
| Renter Occupied HU | 3,808 (35.8%) |
| Vacant Housing Units | 798 ( 7.5%) |
| Median Home Value | $334,877 |
| Average Home Value | $373,131 |
Housing Distribution
Address Breakdown
Residential
9,923
Single Family
8,092
Multi-Family
1,831
Businesses
287
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