614 Wilshire AveWaterlooIA50701
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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 Waterloo at 614 Wilshire Ave, Waterloo, IA, 50701 at $315,000 posts ROI 23.03% with $272/mo cash flow from $2,318/mo rent. Total monthly income equals $2,318/mo, and annual cash flow records $3,264/yr on $104,423 to close. Return on cash invested measures 23.03% and rental yield reads 8.83% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 119.99% and total cumulative return in cash totals $125,297.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,318/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.33 Acres lot
$N/A/sqft
No HOA
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Listed by: Ruth K Palmer • EXP Realty, LLC
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20243250
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