1045 3rd StWebster CityIA50595
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.17% yield at 1045 3rd St, Webster City, IA, 50595 in Webster City is solid, but the $528/mo payment compresses net cash flow to $135/mo at $117,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $32,463 by year five, and $1,082/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.70) without U.S. income documentation. Total projected return: $53,404.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $135 | $300 |
City averages based on Webster City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $898 |
| Total Monthly Debt Service | $716 |
| DSCR Ratio | 1.25x |
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 N/A
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50595, Webster City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,215 (100%) |
| Owner Occupied HU | 2,520 (59.8%) |
| Renter Occupied HU | 1,237 (29.3%) |
| Vacant Housing Units | 458 (10.9%) |
| Median Home Value | $131,392 |
| Average Home Value | $179,494 |
Housing Distribution
Address Breakdown
Residential
3,872
Single Family
3,563
Multi-Family
309
Businesses
346
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 N/A
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50595, Webster City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,215 (100%) |
| Owner Occupied HU | 2,520 (59.8%) |
| Renter Occupied HU | 1,237 (29.3%) |
| Vacant Housing Units | 458 (10.9%) |
| Median Home Value | $131,392 |
| Average Home Value | $179,494 |
Housing Distribution
Address Breakdown
Residential
3,872
Single Family
3,563
Multi-Family
309
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Fort Dodge BOR
Mls ID: #26566