12508 Highway J18PlanoIA52581
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 12508 Highway J18, Plano, IA, 52581 in Plano offers a clean, manageable entry. Rental yield 7.49%. DSCR 1.39 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $46,968 in additional property value over five years, with $1,566/yr in principal equity building ownership stake. Total projected cumulative return: $61,944.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 8.0% |
| Monthly Cash Flow | $(43) | $500 |
City averages based on Plano 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 | $1,061 |
| Total Monthly Debt Service | $1,036 |
| DSCR Ratio | 1.02x |
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 1930
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52581, Plano, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 244 (100%) |
| Owner Occupied HU | 165 (67.6%) |
| Renter Occupied HU | 23 ( 9.4%) |
| Vacant Housing Units | 56 (23.0%) |
| Median Home Value | $155,682 |
| Average Home Value | $219,394 |
Housing Distribution
Address Breakdown
Residential
159
Single Family
159
Multi-Family
0
Businesses
8
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 1930
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52581, Plano, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 244 (100%) |
| Owner Occupied HU | 165 (67.6%) |
| Renter Occupied HU | 23 ( 9.4%) |
| Vacant Housing Units | 56 (23.0%) |
| Median Home Value | $155,682 |
| Average Home Value | $219,394 |
Housing Distribution
Address Breakdown
Residential
159
Single Family
159
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices