848 Kern StWaterlooIA50703
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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 Waterloo at 848 Kern St, Waterloo, IA, 50703 earns $147/mo cash flow from $855/mo rent with a $534/mo payment. Total monthly income totals $855/mo, and annual cash flow totals $1,759/yr on $36,134 capital. ROI tracks 24.78% on current figures, and rental yield reads 9.41% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 129.41% and total cumulative return in cash sums $46,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $855/mo property income instead of your personal income.
Single Family
Built in 1941
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50703, Waterloo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,698 (100%) |
| Owner Occupied HU | 4,318 (49.6%) |
| Renter Occupied HU | 3,403 (39.1%) |
| Vacant Housing Units | 977 (11.2%) |
| Median Home Value | $107,489 |
| Average Home Value | $151,991 |
Housing Distribution
Address Breakdown
Residential
8,057
Single Family
7,161
Multi-Family
896
Businesses
581
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