1213 D AveBelle PlaineIA52208
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1213 D Ave, Belle Plaine, IA, 52208 in Belle Plaine at $187,500 earns $1,330/mo in rent and nets $112/mo after the $843/mo payment, a 8.51% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $51,803 over five years. Ziffy Mortgage underwrites this on a 1.58 DSCR without U.S. credit history. With $1,727/yr in principal paydown, total projected return reaches $78,586.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.0% |
| Monthly Cash Flow | $112 | $200 |
City averages based on Belle Plaine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,330 |
| Total Monthly Debt Service | $1,143 |
| DSCR Ratio | 1.16x |
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 1946
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52208, Belle Plaine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,417 (100%) |
| Owner Occupied HU | 960 (67.7%) |
| Renter Occupied HU | 258 (18.2%) |
| Vacant Housing Units | 199 (14.0%) |
| Median Home Value | $120,603 |
| Average Home Value | $170,320 |
Housing Distribution
Address Breakdown
Residential
1,350
Single Family
1,331
Multi-Family
19
Businesses
115
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 1946
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52208, Belle Plaine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,417 (100%) |
| Owner Occupied HU | 960 (67.7%) |
| Renter Occupied HU | 258 (18.2%) |
| Vacant Housing Units | 199 (14.0%) |
| Median Home Value | $120,603 |
| Average Home Value | $170,320 |
Housing Distribution
Address Breakdown
Residential
1,350
Single Family
1,331
Multi-Family
19
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices