115 N Broadway AveRembrandtIA50576
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 115 N Broadway Ave, Rembrandt, IA, 50576 in Rembrandt at $120,000 earns $947/mo in rent and nets $128/mo after the $540/mo payment, a 9.07% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $33,154 over five years. Ziffy Mortgage underwrites this on a 1.75 DSCR without U.S. credit history. With $1,105/yr in principal paydown, total projected return reaches $56,421.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 8.0% |
| Monthly Cash Flow | $128 | $300 |
City averages based on Rembrandt market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $947 |
| Total Monthly Debt Service | $732 |
| DSCR Ratio | 1.29x |
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 1949
6,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50576, Rembrandt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 183 (100%) |
| Owner Occupied HU | 135 (73.8%) |
| Renter Occupied HU | 35 (19.1%) |
| Vacant Housing Units | 13 ( 7.1%) |
| Median Home Value | $260,294 |
| Average Home Value | $291,611 |
Housing Distribution
Address Breakdown
Residential
102
Single Family
102
Multi-Family
0
Businesses
7
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 1949
6,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50576, Rembrandt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 183 (100%) |
| Owner Occupied HU | 135 (73.8%) |
| Renter Occupied HU | 35 (19.1%) |
| Vacant Housing Units | 13 ( 7.1%) |
| Median Home Value | $260,294 |
| Average Home Value | $291,611 |
Housing Distribution
Address Breakdown
Residential
102
Single Family
102
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lissett Lopez • Weaver LLC Realtors
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828888
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.