117 W Wapello StAgencyIA52530
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 117 W Wapello St, Agency, IA, 52530 in Agency is capital appreciation. Rental yield 5.98%. The 5.98% gross yield at $135,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $37,298 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.11) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $38,258.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.5% |
| Monthly Cash Flow | $(204) | $1,200 |
City averages based on Agency market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $673 |
| Total Monthly Debt Service | $823 |
| DSCR Ratio | 0.82x |
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.
Manufactured
Built in 2001
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52530, Agency, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 320 (74.8%) |
| Renter Occupied HU | 72 (16.8%) |
| Vacant Housing Units | 36 ( 8.4%) |
| Median Home Value | $298,387 |
| Average Home Value | $396,297 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
300
Multi-Family
18
Businesses
23
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
Manufactured
Built in 2001
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52530, Agency, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 320 (74.8%) |
| Renter Occupied HU | 72 (16.8%) |
| Vacant Housing Units | 36 ( 8.4%) |
| Median Home Value | $298,387 |
| Average Home Value | $396,297 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
300
Multi-Family
18
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices