877 Walker CirIowa CityIA52245
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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 Iowa City at 877 Walker Cir, Iowa City, IA, 52245 listed at $274,950 pairs $2,080/mo rent with a $1,346/mo payment to leave $294/mo cash flow. Total monthly income runs $2,080/mo, and annual cash flow reaches $3,529/yr on $91,146 cash to close. Return on cash invested measures 23.78% in year one, and rental yield registers 9.08% at a $274,950 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,964 by year five. Five-year ROI tracks 124.06% and total cumulative return in cash totals $113,071. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,080/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2011
2,134 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52245, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,635 (100%) |
| Owner Occupied HU | 6,029 (56.7%) |
| Renter Occupied HU | 3,808 (35.8%) |
| Vacant Housing Units | 798 ( 7.5%) |
| Median Home Value | $334,877 |
| Average Home Value | $373,131 |
Housing Distribution
Address Breakdown
Residential
9,923
Single Family
8,092
Multi-Family
1,831
Businesses
287
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