315 W Washington BlvdWashingtonIA52353
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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 Washington at 315 W Washington Blvd, Washington, IA, 52353 with 5% annual appreciation on a $199,000 basis while $1,898/mo rent supports operations. Total monthly income totals $1,898/mo and a $974/mo payment preserves $606/mo for cash returns. Annual cash flow comes to $7,267/yr on $65,969 deployed, and return on cash invested reaches 30.93% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 11.45%. Five-year ROI measures 162.32% and total cumulative return in cash totals $107,082.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,898/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52353, Washington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,106 (100%) |
| Owner Occupied HU | 2,697 (65.7%) |
| Renter Occupied HU | 1,115 (27.2%) |
| Vacant Housing Units | 294 ( 7.2%) |
| Median Home Value | $173,592 |
| Average Home Value | $231,948 |
Housing Distribution
Address Breakdown
Residential
3,946
Single Family
3,655
Multi-Family
291
Businesses
429
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Listed by: Melissa Westphal • Home Girl Realty
Mls Name: Iowa City Area AOR
Mls ID: #202507285