274 Danielle StIowa 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
Rental property for sale in Iowa City at 274 Danielle St, Iowa City, IA, 52245 generates $2,303/mo in rent and, after a $1,443/mo payment, leaves $106/mo in cash flow. Total monthly income is $2,303/mo, and annual cash flow is $1,277/yr on $97,759 invested. Return on cash invested sits at 21.22% in year one, and rental yield is 9.37% on a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 111.53% and total cumulative return in cash sums $109,027. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,303/mo property income rather than buyer’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
$2,340 annually 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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Listed by: Thomas Kaut • Urban Acres Real Estate
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202502805
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.