830 Colby RdWaterlooIA50701
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 830 Colby Rd, Waterloo, IA, 50701 in Waterloo is narrow, $43/mo net on $1,991/mo rent after the $1,349/mo debt service, but the property operates at break-even-plus, not a loss. At $299,900 with a 7.97% yield, the long-run equity case via 5% appreciation ($82,857 over five years) and $2,762/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.48 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $116,923.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 8.5% |
| Monthly Cash Flow | $43 | $325 |
City averages based on Waterloo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,991 |
| Total Monthly Debt Service | $1,828 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
9,583 sqft lot
$N/A/sqft
No HOA
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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
Single Family
Built in 1975
9,583 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices