117 E Washington StBrightonIA52540
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 117 E Washington St, Brighton, IA, 52540 in Brighton at $135,000 earns $1,049/mo in rent and nets $172/mo after the $607/mo payment, a 9.32% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $37,298 over five years. Ziffy Mortgage underwrites this on a 1.73 DSCR without U.S. credit history. With $1,243/yr in principal paydown, total projected return reaches $62,462.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $172 | $300 |
City averages based on Brighton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,049 |
| Total Monthly Debt Service | $823 |
| DSCR Ratio | 1.27x |
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 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52540, Brighton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 625 (100%) |
| Owner Occupied HU | 431 (69.0%) |
| Renter Occupied HU | 138 (22.1%) |
| Vacant Housing Units | 56 ( 9.0%) |
| Median Home Value | $135,500 |
| Average Home Value | $196,015 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
30
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 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52540, Brighton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 625 (100%) |
| Owner Occupied HU | 431 (69.0%) |
| Renter Occupied HU | 138 (22.1%) |
| Vacant Housing Units | 56 ( 9.0%) |
| Median Home Value | $135,500 |
| Average Home Value | $196,015 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices