111 2nd StDanburyIA51019
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow111 2nd St, Danbury, IA, 51019 in Danbury earns its strong cash-flow label: 18.58% yield, $1,702/mo rent, $988/mo net income, DSCR 3.45. The $109,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $30,363 by year five. Combined with $1,012/yr in principal paydown, total projected return reaches $105,472.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.6% | 6.0% |
| Monthly Cash Flow | $988 | $300 |
City averages based on Danbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,702 |
| Total Monthly Debt Service | $670 |
| DSCR Ratio | 2.54x |
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 1910
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51019, Danbury, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 347 (100%) |
| Owner Occupied HU | 247 (71.2%) |
| Renter Occupied HU | 56 (16.1%) |
| Vacant Housing Units | 44 (12.7%) |
| Median Home Value | $122,246 |
| Average Home Value | $195,840 |
Housing Distribution
Address Breakdown
Residential
184
Single Family
184
Multi-Family
0
Businesses
15
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 1910
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51019, Danbury, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 347 (100%) |
| Owner Occupied HU | 247 (71.2%) |
| Renter Occupied HU | 56 (16.1%) |
| Vacant Housing Units | 44 (12.7%) |
| Median Home Value | $122,246 |
| Average Home Value | $195,840 |
Housing Distribution
Address Breakdown
Residential
184
Single Family
184
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices