106 W 3rd StVilliscaIA50864
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 106 W 3rd St, Villisca, IA, 50864 in Villisca earns a 11.07% gross yield at $125,000. Rent of $1,153/mo nets $341/mo after the $562/mo mortgage. The 2.05 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $34,535 and $1,151/yr in equity accumulation project a total cumulative return of $69,511.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.0% |
| Monthly Cash Flow | $341 | $200 |
City averages based on Villisca market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,153 |
| Total Monthly Debt Service | $762 |
| DSCR Ratio | 1.51x |
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 1896
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50864, Villisca, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 854 (100%) |
| Owner Occupied HU | 591 (69.2%) |
| Renter Occupied HU | 156 (18.3%) |
| Vacant Housing Units | 107 (12.5%) |
| Median Home Value | $109,342 |
| Average Home Value | $158,232 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
767
Multi-Family
46
Businesses
63
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 1896
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50864, Villisca, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 854 (100%) |
| Owner Occupied HU | 591 (69.2%) |
| Renter Occupied HU | 156 (18.3%) |
| Vacant Housing Units | 107 (12.5%) |
| Median Home Value | $109,342 |
| Average Home Value | $158,232 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
767
Multi-Family
46
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices