3642 Pheasant LnWaterlooIA50701
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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
Rental property for sale in Waterloo at 3642 Pheasant Ln, Waterloo, IA, 50701 priced at $269,900 pairs $1,861/mo rent with after a $1,321/mo payment. Total monthly income equals $1,861/mo. Return on cash invested is 19.08% in year one, and rental yield stands at 8.27% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 99.67% and total cumulative return in cash reaches $89,178. For financing, Ziffy Mortgage’s DSCR program evaluates $1,861/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2003
3,484 sqft lot
$N/A/sqft
$170 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Amy Wienands • AWRE, EXP Realty, LLC
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20250993
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