827 W 7th StWaterlooIA50702
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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 Waterloo at 827 W 7th St, Waterloo, IA, 50702 generates $845/mo in rent and, after a $533/mo payment, leaves $138/mo in cash flow. Total monthly income is $845/mo, and annual cash flow is $1,653/yr on $36,100 invested. Return on cash invested sits at 24.49% in year one, and rental yield is 9.31% on a $108,900 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,087 over five years. Five-year ROI reaches 127.85% and total cumulative return in cash sums $46,154. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $845/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50702, Waterloo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,610 (100%) |
| Owner Occupied HU | 5,353 (55.7%) |
| Renter Occupied HU | 3,444 (35.8%) |
| Vacant Housing Units | 813 ( 8.5%) |
| Median Home Value | $152,827 |
| Average Home Value | $176,096 |
Housing Distribution
Address Breakdown
Residential
8,934
Single Family
7,410
Multi-Family
1,524
Businesses
759
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