722 3rd St NWWaverlyIA50677
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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 Waverly at 722 3rd St NW, Waverly, IA, 50677 earns $388/mo cash flow from $1,459/mo rent with a $807/mo payment. Total monthly income totals $1,459/mo, and annual cash flow totals $4,658/yr on $54,664 capital. ROI tracks 28.43% on current figures, and rental yield reads 10.62% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 149.02% and total cumulative return in cash sums $81,460. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,459/mo property income instead of your personal income.
Single Family
Built in 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50677, Waverly, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,367 (100%) |
| Owner Occupied HU | 3,755 (70.0%) |
| Renter Occupied HU | 1,111 (20.7%) |
| Vacant Housing Units | 501 ( 9.3%) |
| Median Home Value | $251,361 |
| Average Home Value | $282,613 |
Housing Distribution
Address Breakdown
Residential
5,014
Single Family
4,584
Multi-Family
430
Businesses
421
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