108 E Grand AvePaullinaIA51046
INVESTMENT ANALYSIS
Investment Verdict
Solid Income108 E Grand Ave, Paullina, IA, 51046 in Paullina earns a respectable 9.62% gross yield at $122,500, but after the $551/mo mortgage the net cash flow is $186/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.70) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $33,844 over five years, making equity the dominant return driver. Total projected return: $55,526.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.5% |
| Monthly Cash Flow | $186 | $500 |
City averages based on Paullina market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $934 |
| Total Monthly Debt Service | $747 |
| 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 1941
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51046, Paullina, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 751 (100%) |
| Owner Occupied HU | 531 (70.7%) |
| Renter Occupied HU | 121 (16.1%) |
| Vacant Housing Units | 99 (13.2%) |
| Median Home Value | $162,500 |
| Average Home Value | $187,142 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
273
Multi-Family
0
Businesses
55
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 1941
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51046, Paullina, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 751 (100%) |
| Owner Occupied HU | 531 (70.7%) |
| Renter Occupied HU | 121 (16.1%) |
| Vacant Housing Units | 99 (13.2%) |
| Median Home Value | $162,500 |
| Average Home Value | $187,142 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
273
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bailey Francis • ISB Services Inc
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828325
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. Listing information is deemed reliable, but not guaranteed.