105 N Bennett StWheatlandIA52777
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 105 N Bennett St, Wheatland, IA, 52777 in Wheatland, $145,000, 8.62% gross yield, $100/mo net income. Consider it a market-entry position, the $1,042/mo rent covers the $652/mo payment with a margin, and 5%/yr appreciation is projected to add $40,061 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.60) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $61,618.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $100 | $300 |
City averages based on Wheatland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,042 |
| Total Monthly Debt Service | $884 |
| DSCR Ratio | 1.18x |
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.
Multi Family
Built in 1966
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52777, Wheatland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 395 (66.9%) |
| Renter Occupied HU | 136 (23.1%) |
| Vacant Housing Units | 59 ( 10.0%) |
| Median Home Value | $184,028 |
| Average Home Value | $232,886 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
334
Multi-Family
14
Businesses
44
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
Multi Family
Built in 1966
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52777, Wheatland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 395 (66.9%) |
| Renter Occupied HU | 136 (23.1%) |
| Vacant Housing Units | 59 ( 10.0%) |
| Median Home Value | $184,028 |
| Average Home Value | $232,886 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
334
Multi-Family
14
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices