2689 Wapsi Ridge DrWalkerIA52352
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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 Walker at 2689 Wapsi Ridge Dr, Walker, IA, 52352 listed at $370,000 pairs $2,838/mo rent with a $1,811/mo payment to leave $435/mo cash flow. Total monthly income runs $2,838/mo, and annual cash flow reaches $5,220/yr on $122,655 cash to close. Return on cash invested measures 24.16% in year one, and rental yield registers 9.2% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 126.06% and total cumulative return in cash totals $154,613. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,838/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
4.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52352, Walker, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 628 (79.8%) |
| Renter Occupied HU | 83 (10.5%) |
| Vacant Housing Units | 76 ( 9.7%) |
| Median Home Value | $332,743 |
| Average Home Value | $369,049 |
Housing Distribution
Address Breakdown
Residential
601
Single Family
601
Multi-Family
0
Businesses
28
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Listed by: Jim Willmsen • RE/MAX CONCEPTS
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502563
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