605 Oak StWilliamsburgIA52361
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
Rental property for sale in Williamsburg at 605 Oak St, Williamsburg, IA, 52361 priced at $155,000 converts $1,111/mo rent into $104/mo cash flow after a $759/mo obligation. Total monthly income equals $1,111/mo, and annual cash flow totals $1,248/yr on $51,383 invested. Return on cash invested prints 22.34% in year one, and rental yield reads 8.6% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 116.26% and total cumulative return in cash sums $59,740. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,111/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52361, Williamsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,185 (100%) |
| Owner Occupied HU | 1,511 (69.2%) |
| Renter Occupied HU | 527 (24.1%) |
| Vacant Housing Units | 147 ( 6.7%) |
| Median Home Value | $224,342 |
| Average Home Value | $297,057 |
Housing Distribution
Address Breakdown
Residential
1,820
Single Family
1,571
Multi-Family
249
Businesses
226
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Nearby investment properties with comparable prices
Listed by: Julie Carrico • Iowa Elite Marketing Group
Mls Name: Iowa City Area AOR
Mls ID: #202505948