105 S Main StModaleIA51556
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 105 S Main St, Modale, IA, 51556 in Modale speaks for itself: 13.84% gross on a $155,000 price, generating $1,788/mo in rent and $781/mo in net income after the $697/mo debt service. DSCR 2.57, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,376 stacks alongside $42,824 in projected five-year appreciation and $1,428/yr in principal reduction. Projected total cumulative return: $109,254.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 6.2% |
| Monthly Cash Flow | $781 | $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 | $1,788 |
| Total Monthly Debt Service | $945 |
| DSCR Ratio | 1.89x |
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 1931
6,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51556, Modale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 219 (100%) |
| Owner Occupied HU | 172 (78.5%) |
| Renter Occupied HU | 21 ( 9.6%) |
| Vacant Housing Units | 26 (11.9%) |
| Median Home Value | $256,122 |
| Average Home Value | $270,988 |
Housing Distribution
Address Breakdown
Residential
133
Single Family
133
Multi-Family
0
Businesses
14
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 1931
6,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51556, Modale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 219 (100%) |
| Owner Occupied HU | 172 (78.5%) |
| Renter Occupied HU | 21 ( 9.6%) |
| Vacant Housing Units | 26 (11.9%) |
| Median Home Value | $256,122 |
| Average Home Value | $270,988 |
Housing Distribution
Address Breakdown
Residential
133
Single Family
133
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices