1002 Orleans AveKeokukIA52632
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 1002 Orleans Ave, Keokuk, IA, 52632 in Keokuk worth modelling. At $147,500 with a 8.3% gross yield, the $1,020/mo rent leaves $62/mo after the $663/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.54 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $40,752 by year five; $1,358/yr in principal reduction adds further equity. Total projected return: $60,135.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $62 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,020 |
| Total Monthly Debt Service | $899 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1911
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52632, Keokuk, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 3,476 (61.0%) |
| Renter Occupied HU | 1,509 (26.5%) |
| Vacant Housing Units | 713 (12.5%) |
| Median Home Value | $121,543 |
| Average Home Value | $172,788 |
Housing Distribution
Address Breakdown
Residential
5,095
Single Family
4,746
Multi-Family
349
Businesses
533
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1911
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52632, Keokuk, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 3,476 (61.0%) |
| Renter Occupied HU | 1,509 (26.5%) |
| Vacant Housing Units | 713 (12.5%) |
| Median Home Value | $121,543 |
| Average Home Value | $172,788 |
Housing Distribution
Address Breakdown
Residential
5,095
Single Family
4,746
Multi-Family
349
Businesses
533
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Panther • Weichert Realtors-The Massimo Group
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325548
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.