4671 Herbert Hoover Hwy #A-BC IowacityIA52240
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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 C Iowacity at 4671 Herbert Hoover Hwy #A-B, C Iowacity, IA, 52240 listed at $954,700 pairs $2,070/mo rent with a $4,673/mo payment. Total monthly income runs $2,070/mo. Return on cash invested measures 4.28% in year one, and rental yield registers 2.6% at a $954,700 basis. Equity gained on principal adds $6,161/yr, and annual property appreciation at 5% supports $263,766 by year five. Five-year ROI tracks 19.4% and total cumulative return in cash totals $60,925. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,070/mo property income relative to a $4,673/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52240, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,775 (100%) |
| Owner Occupied HU | 7,727 (43.5%) |
| Renter Occupied HU | 8,334 (46.9%) |
| Vacant Housing Units | 1,714 ( 9.6%) |
| Median Home Value | $272,152 |
| Average Home Value | $318,955 |
Housing Distribution
Address Breakdown
Residential
16,235
Single Family
10,644
Multi-Family
5,591
Businesses
1,308
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Listed by: Marcy Willier • Urban Acres Real Estate
Mls Name: Iowa City Area AOR
Mls ID: #202507330