117 Nolan DrEmmetsburgIA50536
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 117 Nolan Dr, Emmetsburg, IA, 50536 in Emmetsburg. Rental yield 2.88%. At $374,900 with 2.88% gross yield, current distributions are modest, but the 5% appreciation rate projects $103,578 in new equity by year five, complemented by $3,453/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.53) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $43,919.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 6.0% |
| Monthly Cash Flow | $(1,535) | $1,200 |
City averages based on Emmetsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $900 |
| Total Monthly Debt Service | $2,286 |
| DSCR Ratio | 0.39x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50536, Emmetsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,123 (100%) |
| Owner Occupied HU | 1,274 (60.0%) |
| Renter Occupied HU | 524 (24.7%) |
| Vacant Housing Units | 325 (15.3%) |
| Median Home Value | $154,321 |
| Average Home Value | $220,795 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,700
Multi-Family
139
Businesses
213
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 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50536, Emmetsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,123 (100%) |
| Owner Occupied HU | 1,274 (60.0%) |
| Renter Occupied HU | 524 (24.7%) |
| Vacant Housing Units | 325 (15.3%) |
| Median Home Value | $154,321 |
| Average Home Value | $220,795 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,700
Multi-Family
139
Businesses
213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Iowa Great Lakes BOR
Mls ID: #251576