607 W Main StWaukonIA52172
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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 Waukon at 607 W Main St, Waukon, IA, 52172 listed at $299,000 pairs $1,945/mo rent with a $1,463/mo payment to leave $4/mo cash flow. Total monthly income runs $1,945/mo, and annual cash flow reaches $43/yr on $99,119 cash to close. Return on cash invested measures 19.95% in year one, and rental yield registers 7.81% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 103.49% and total cumulative return in cash totals $102,574. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,945/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52172, Waukon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,882 (100%) |
| Owner Occupied HU | 1,947 (67.6%) |
| Renter Occupied HU | 629 (21.8%) |
| Vacant Housing Units | 306 (10.6%) |
| Median Home Value | $198,845 |
| Average Home Value | $346,424 |
Housing Distribution
Address Breakdown
Residential
2,694
Single Family
2,565
Multi-Family
129
Businesses
294
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