706 Silver LnIowa CityIA52245
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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
Rental property for sale in Iowa City at 706 Silver Ln, Iowa City, IA, 52245 priced at $509,000 pairs $1,914/mo rent with after a $2,491/mo payment. Total monthly income equals $1,914/mo. Return on cash invested is 10.09% in year one, and rental yield stands at 4.51% on a $509,000 basis. Equity gained on principal adds $3,285/yr, and 5% annual appreciation accumulates to $140,627 by year five. Five-year ROI measures 50.56% and total cumulative return in cash reaches $84,661. For financing, Ziffy Mortgage’s DSCR program evaluates $1,914/mo property income against a $2,491/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52245, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,635 (100%) |
| Owner Occupied HU | 6,029 (56.7%) |
| Renter Occupied HU | 3,808 (35.8%) |
| Vacant Housing Units | 798 ( 7.5%) |
| Median Home Value | $334,877 |
| Average Home Value | $373,131 |
Housing Distribution
Address Breakdown
Residential
9,923
Single Family
8,092
Multi-Family
1,831
Businesses
287
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