306 W Penn StWilliamsburgIA52361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Williamsburg at 306 W Penn St, Williamsburg, IA, 52361 offers a 8.71% rental yield on a $175,000 purchase with $1,270/mo rent. Total monthly income registers $1,270/mo, and a $857/mo payment leaves $133/mo available for distribution. Annual cash flow reaches $1,596/yr on $58,013 to close, and return on cash invested stands at 22.66% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 117.96% and total cumulative return in cash at $68,431. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,270/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52361, Williamsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,185 (100%) |
| Owner Occupied HU | 1,511 (69.2%) |
| Renter Occupied HU | 527 (24.1%) |
| Vacant Housing Units | 147 ( 6.7%) |
| Median Home Value | $224,342 |
| Average Home Value | $297,057 |
Housing Distribution
Address Breakdown
Residential
1,820
Single Family
1,571
Multi-Family
249
Businesses
226
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Listed by: Lexi Belland Perez • Lepic-Kroeger, REALTORS
Mls Name: Iowa City Area AOR
Mls ID: #202505402