972 Dubs DrIowa CityIA52246
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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 Iowa City at 972 Dubs Dr, Iowa City, IA, 52246 offers $1,588/mo rent that, after a $1,676/mo payment. Total monthly income is $1,588/mo. Return on cash invested measures 11.2% in year one, and rental yield stands at 5.57% at a $342,400 entry. Equity gained on principal adds $2,209/yr while 5% annual appreciation compounds into $94,599 by year five. Five-year ROI records 57.24% and total cumulative return in cash reaches $64,972. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,588/mo property income versus a $1,676/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
$2,260 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52246, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,176 (100%) |
| Owner Occupied HU | 4,491 (40.2%) |
| Renter Occupied HU | 5,831 (52.2%) |
| Vacant Housing Units | 854 ( 7.6%) |
| Median Home Value | $358,257 |
| Average Home Value | $409,004 |
Housing Distribution
Address Breakdown
Residential
10,652
Single Family
6,750
Multi-Family
3,902
Businesses
346
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Listed by: David Vahle • Navigate Homes
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202404249
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.