357 Camden RdIowa CityIA52245
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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 Iowa City at 357 Camden Rd, Iowa City, IA, 52245 offers a 9.05% rental yield on a $175,000 purchase with $1,320/mo rent. Total monthly income registers $1,320/mo, and a $857/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,196/yr on $58,013 to close, and return on cash invested stands at 23.69% 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 123.54% and total cumulative return in cash at $71,671. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52245, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,635 (100%) |
| Owner Occupied HU | 6,029 (56.7%) |
| Renter Occupied HU | 3,808 (35.8%) |
| Vacant Housing Units | 798 ( 7.5%) |
| Median Home Value | $334,877 |
| Average Home Value | $373,131 |
Housing Distribution
Address Breakdown
Residential
9,923
Single Family
8,092
Multi-Family
1,831
Businesses
287
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