0 200th StFarmingtonIA52626
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 0 200th St, Farmington, IA, 52626 in Farmington is capital appreciation. Rental yield 4.31%. The 4.31% gross yield at $449,500 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $124,189 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.76) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $78,660.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 9.0% |
| Monthly Cash Flow | $(1,304) | $150 |
City averages based on Farmington market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,615 |
| Total Monthly Debt Service | $2,850 |
| DSCR Ratio | 0.57x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52626, Farmington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 393 (71.1%) |
| Renter Occupied HU | 86 (15.6%) |
| Vacant Housing Units | 74 (13.4%) |
| Median Home Value | $149,342 |
| Average Home Value | $184,707 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
418
Multi-Family
22
Businesses
35
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6341806
