376 Samoa PlIowa CityIA52246
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 Iowa City at 376 Samoa Pl, Iowa City, IA, 52246 at $189,900 posts ROI 27.05% with $375/mo cash flow from $1,813/mo rent. Total monthly income equals $1,813/mo, and annual cash flow records $4,497/yr on $62,952 to close. Return on cash invested measures 27.05% and rental yield reads 11.46% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 142.96% and total cumulative return in cash totals $89,993.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,813/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1978
N/A lot
$N/A/sqft
$2,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52246, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,176 (100%) |
| Owner Occupied HU | 4,491 (40.2%) |
| Renter Occupied HU | 5,831 (52.2%) |
| Vacant Housing Units | 854 ( 7.6%) |
| Median Home Value | $358,257 |
| Average Home Value | $409,004 |
Housing Distribution
Address Breakdown
Residential
10,652
Single Family
6,750
Multi-Family
3,902
Businesses
346
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Nearby investment properties with comparable prices
Listed by: Laura Soride • RE/MAX Affiliates
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202503507
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.