4711 Herbert Hoover HwyIowa CityIA52240
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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 Iowa City at 4711 Herbert Hoover Hwy, Iowa City, IA, 52240 generates $2,809/mo in rent and, after a $1,264/mo payment, leaves $1,072/mo in cash flow. Total monthly income is $2,809/mo, and annual cash flow is $12,868/yr on $85,626 invested. Return on cash invested sits at 34.94% in year one, and rental yield is 13.05% on a $258,300 entry. Equity gained on principal adds $1,667/yr, while 5% annual appreciation builds toward $71,364 over five years. Five-year ROI reaches 184.15% and total cumulative return in cash sums $157,680. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,809/mo property income rather than buyer’s personal income.
Townhouse
Built in 2017
4,312 sqft 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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