313 Water StCambridgeIA50046
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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
Total monthly income runs $1,216/mo, and a $1,028/mo payment. Purchase price stands at $210,000, and rental yield measures 6.95% with $1,216/mo rent. Return on cash invested shows 17.36% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 89.55% and total cumulative return in cash records $62,344. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,216/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50046, Cambridge, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 664 (100%) |
| Owner Occupied HU | 513 (77.3%) |
| Renter Occupied HU | 107 (16.1%) |
| Vacant Housing Units | 44 ( 6.6%) |
| Median Home Value | $419,737 |
| Average Home Value | $508,436 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
468
Multi-Family
12
Businesses
30
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