701 Shirley St, Waterloo, IA, 50707 | $30/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1664 sft

403 E Jackson St, Shell Rock, IA, 50670

1 Bed
1 Bath
512 sft

920 Grand Blvd, Evansdale, IA, 50707

3 Bed
1 Bath
1248 sft

301 West St, Reinbeck, IA, 50669

2 Bed
1 Bath
1364 sft

1124 Oleson Rd, Waterloo, IA, 50702

Nearby investment properties with comparable prices

2 Bed
1 Bath
1098 sft

5425 University Ave, Cedar Falls, IA, 50613

3 Bed
2 Bath
1493 sft

907 Denver St, Waterloo, IA, 50702

3 Bed
1 Bath
1336 sft

421 Cornwall Ave, Waterloo, IA, 50702

2 Bed
1 Bath
1024 sft

1733 Cottage Grove Ave, Waterloo, IA, 50707

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Waterloo at 701 Shirley St, Waterloo, IA, 50707 uses $49,294 cash to close to unlock $361/yr annual cash flow and $30/mo monthly cash flow. Total monthly income runs $996/mo, and a $728/mo payment keeps the spread at $30/mo. Purchase price stands at $148,700, and rental yield measures 8.04% with $996/mo rent. Return on cash invested shows 20.64% in year one, and 5% annual appreciation builds toward $41,083 over five years. Five-year ROI reaches 107.27% and total cumulative return in cash records $52,878. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $996/mo property income covering a $728/mo payment rather than investor’s personal income.

Single Family

Built in 1947

0.37 Acres lot

$N/A/sqft

No HOA