625 E Burlington StIowa CityIA52240
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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 625 E Burlington St, Iowa City, IA, 52240 at $975,000 posts ROI 2.49% with from $1,634/mo rent. Total monthly income equals $1,634/mo. Return on cash invested measures 2.49% and rental yield reads 2.01% at the current $975,000. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 by year five. Five-year ROI prints 9.77% and total cumulative return in cash totals $31,335. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,634/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52240, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,775 (100%) |
| Owner Occupied HU | 7,727 (43.5%) |
| Renter Occupied HU | 8,334 (46.9%) |
| Vacant Housing Units | 1,714 ( 9.6%) |
| Median Home Value | $272,152 |
| Average Home Value | $318,955 |
Housing Distribution
Address Breakdown
Residential
16,235
Single Family
10,644
Multi-Family
5,591
Businesses
1,308
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Listed by: Tracy Barkalow • Barkalow & Associates, Realtors
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202501907
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.