923 Home Park BlvdWaterlooIA50701
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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 923 Home Park Blvd, Waterloo, IA, 50701 generates $903/mo in rent and, after a $560/mo payment, leaves $160/mo in cash flow. Total monthly income is $903/mo, and annual cash flow is $1,918/yr on $37,957 invested. Return on cash invested sits at 24.96% in year one, and rental yield is 9.46% on a $114,500 entry. Equity gained on principal adds $739/yr, while 5% annual appreciation builds toward $31,634 over five years. Five-year ROI reaches 130.34% and total cumulative return in cash sums $49,472. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $903/mo property income rather than buyer’s personal income.
Single Family
Built in 1931
6,100 sqft lot
$N/A/sqft
No HOA
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