2902 Water StColumbus CityIA52737
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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 Columbus City at 2902 Water St, Columbus City, IA, 52737 earns $120/mo cash flow from $1,152/mo rent with a $778/mo payment. Total monthly income totals $1,152/mo, and annual cash flow totals $1,437/yr on $52,675 capital. ROI tracks 22.64% on current figures, and rental yield reads 8.7% at a $158,900 purchase. Equity gained on principal adds $1,025/yr, and 5% annual appreciation supports $43,901 over five years. Five-year ROI reaches 117.88% and total cumulative return in cash sums $62,092. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,152/mo property income instead of your personal income.
Single Family
Built in 1900
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52737, Columbus City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 183 (100%) |
| Owner Occupied HU | 135 (73.8%) |
| Renter Occupied HU | 31 (16.9%) |
| Vacant Housing Units | 17 ( 9.3%) |
| Median Home Value | $137,500 |
| Average Home Value | $187,315 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
5
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Listed by: Carolina Ponce • Re/Max Professionals
Mls Name: Muscatine BOR
Mls ID: #25-658