605 Oak StWilliamsburgIA52361
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 605 Oak St, Williamsburg, IA, 52361 in Williamsburg at $155,000 earns $1,111/mo in rent and nets $105/mo after the $697/mo payment, a 8.6% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $42,824 over five years. Ziffy Mortgage underwrites this on a 1.59 DSCR without U.S. credit history. With $1,428/yr in principal paydown, total projected return reaches $65,694.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $105 | $250 |
City averages based on Williamsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,111 |
| Total Monthly Debt Service | $945 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Carrico • Iowa Elite Marketing Group
Mls Name: Iowa City Area AOR
Mls ID: #202505948