807 S 8th AveWashingtonIA52353
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 807 S 8th Ave, Washington, IA, 52353 at $289,000 posts ROI 23.9% with $319/mo cash flow from $2,196/mo rent. Total monthly income equals $2,196/mo, and annual cash flow records $3,823/yr on $95,804 to close. Return on cash invested measures 23.9% and rental yield reads 9.12% at the current $289,000. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 by year five. Five-year ROI prints 124.66% and total cumulative return in cash totals $119,426.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,196/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.31 Acres 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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Listed by: Patty Elliott • Century 21 Trinity
Mls Name: Iowa City Area AOR
Mls ID: #202507162