4915 E Court StIowa CityIA52245
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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 4915 E Court St, Iowa City, IA, 52245 uses $77,903 cash to close to unlock $1,800/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,676/mo, and a $1,150/mo payment keeps the spread at $150/mo. Purchase price stands at $235,000, and rental yield measures 8.56% with $1,676/mo rent. Return on cash invested shows 22.22% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 115.61% and total cumulative return in cash records $90,064. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,676/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 2017
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52245, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,635 (100%) |
| Owner Occupied HU | 6,029 (56.7%) |
| Renter Occupied HU | 3,808 (35.8%) |
| Vacant Housing Units | 798 ( 7.5%) |
| Median Home Value | $334,877 |
| Average Home Value | $373,131 |
Housing Distribution
Address Breakdown
Residential
9,923
Single Family
8,092
Multi-Family
1,831
Businesses
287
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