303 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 303 Logan Ave, Waterloo, IA, 50703 earns $288/mo cash flow from $1,002/mo rent with a $538/mo payment. Total monthly income totals $1,002/mo, and annual cash flow totals $3,456/yr on $36,465 capital. ROI tracks 29.39% on current figures, and rental yield reads 10.93% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 154.04% and total cumulative return in cash sums $56,172. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,002/mo property income instead of your personal income.
Multi Family
Built in 1895
5,767 sqft 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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