103 E Newago StRadcliffeIA50230
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 103 E Newago St, Radcliffe, IA, 50230 in Radcliffe is listed at $150,000 and delivers $1,468/mo in rent and $493/mo in net monthly cash flow. The 11.74% yield and 2.18 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $41,442 over five years, and $1,382/yr in principal reduction supplements cash return. Total projected cumulative return: $88,892.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.0% |
| Monthly Cash Flow | $493 | $300 |
City averages based on Radcliffe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,468 |
| Total Monthly Debt Service | $914 |
| DSCR Ratio | 1.61x |
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 1919
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50230, Radcliffe, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 489 (100%) |
| Owner Occupied HU | 351 (71.8%) |
| Renter Occupied HU | 76 (15.5%) |
| Vacant Housing Units | 62 (12.7%) |
| Median Home Value | $167,026 |
| Average Home Value | $206,553 |
Housing Distribution
Address Breakdown
Residential
334
Single Family
316
Multi-Family
18
Businesses
30
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 1919
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50230, Radcliffe, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 489 (100%) |
| Owner Occupied HU | 351 (71.8%) |
| Renter Occupied HU | 76 (15.5%) |
| Vacant Housing Units | 62 (12.7%) |
| Median Home Value | $167,026 |
| Average Home Value | $206,553 |
Housing Distribution
Address Breakdown
Residential
334
Single Family
316
Multi-Family
18
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Greenfield • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #66302
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.