7 Woodland Hts NEIowa CityIA52240
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 Iowa City at 7 Woodland Hts NE, Iowa City, IA, 52240 priced at $425,000 pairs $3,619/mo rent with $859/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,619/mo, and annual cash flow comes to $10,308/yr on $140,888 invested. Return on cash invested is 27.23% in year one, and rental yield stands at 10.22% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 142.47% and total cumulative return in cash reaches $200,717. For financing, Ziffy Mortgage’s DSCR program evaluates $3,619/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
1.27 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices