4428 Deer Creek Rd #102Iowa CityIA52246
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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 4428 Deer Creek Rd #102, Iowa City, IA, 52246 offers a 8.12% rental yield on a $289,900 purchase with $1,962/mo rent. Total monthly income registers $1,962/mo, and a $1,419/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $950/yr on $96,102 to close, and return on cash invested stands at 20.9% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 108.58% and total cumulative return in cash at $104,349. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,962/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2026
N/A lot
$N/A/sqft
No 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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