110 Howard Ave SWSwisherIA52338
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 110 Howard Ave SW, Swisher, IA, 52338 in Swisher is listed at $108,000 and delivers $1,300/mo in rent and $488/mo in net monthly cash flow. The 14.44% yield and 2.67 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $29,838 over five years, and $995/yr in principal reduction supplements cash return. Total projected cumulative return: $72,988.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.4% | 5.0% |
| Monthly Cash Flow | $488 | $300 |
City averages based on Swisher market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,300 |
| Total Monthly Debt Service | $769 |
| DSCR Ratio | 1.69x |
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.
Lot
Built in N/A
0.61 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52338, Swisher, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,386 (100%) |
| Owner Occupied HU | 1,234 (89.0%) |
| Renter Occupied HU | 103 ( 7.4%) |
| Vacant Housing Units | 49 ( 3.5%) |
| Median Home Value | $389,028 |
| Average Home Value | $479,510 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,191
Multi-Family
0
Businesses
92
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
Lot
Built in N/A
0.61 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52338, Swisher, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,386 (100%) |
| Owner Occupied HU | 1,234 (89.0%) |
| Renter Occupied HU | 103 ( 7.4%) |
| Vacant Housing Units | 49 ( 3.5%) |
| Median Home Value | $389,028 |
| Average Home Value | $479,510 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,191
Multi-Family
0
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Morris • Skogman Realty Co.
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202402784
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it 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 accurate by the MLS.