2556 Logan AveWaterlooIA50703
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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 Waterloo at 2556 Logan Ave, Waterloo, IA, 50703 listed at $284,000 pairs $1,417/mo rent with a $1,390/mo payment. Total monthly income runs $1,417/mo. Return on cash invested measures 14.46% in year one, and rental yield registers 5.99% at a $284,000 basis. Equity gained on principal adds $1,833/yr, and annual property appreciation at 5% supports $78,464 by year five. Five-year ROI tracks 74.05% and total cumulative return in cash totals $69,713. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,417/mo property income relative to a $1,390/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
2.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50703, Waterloo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,698 (100%) |
| Owner Occupied HU | 4,318 (49.6%) |
| Renter Occupied HU | 3,403 (39.1%) |
| Vacant Housing Units | 977 (11.2%) |
| Median Home Value | $107,489 |
| Average Home Value | $151,991 |
Housing Distribution
Address Breakdown
Residential
8,057
Single Family
7,161
Multi-Family
896
Businesses
581
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