707 E 13th StWashingtonIA52353
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
Investment property for sale in Washington at 707 E 13th St, Washington, IA, 52353 earns $778/mo cash flow from $2,434/mo rent with a $1,248/mo payment. Total monthly income totals $2,434/mo, and annual cash flow totals $9,336/yr on $84,533 capital. ROI tracks 30.95% on current figures, and rental yield reads 11.45% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 162.45% and total cumulative return in cash sums $137,324. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,434/mo property income instead of your personal income.
Single Family
Built in 2006
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52353, Washington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,106 (100%) |
| Owner Occupied HU | 2,697 (65.7%) |
| Renter Occupied HU | 1,115 (27.2%) |
| Vacant Housing Units | 294 ( 7.2%) |
| Median Home Value | $173,592 |
| Average Home Value | $231,948 |
Housing Distribution
Address Breakdown
Residential
3,946
Single Family
3,655
Multi-Family
291
Businesses
429
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Nearby investment properties with comparable prices
Listed by: Patty Elliott • Century 21 Trinity
Mls Name: Iowa City Area AOR
Mls ID: #202507066