128 West StWellsburgIA50680
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 128 West St, Wellsburg, IA, 50680 in Wellsburg. Rental yield 0%. At $144,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $40,033 in new equity by year five, complemented by $1,335/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Wellsburg market data in our database. Property projections are estimates.
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50680, Wellsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 428 (78.1%) |
| Renter Occupied HU | 63 (11.5%) |
| Vacant Housing Units | 57 (10.4%) |
| Median Home Value | $156,081 |
| Average Home Value | $221,694 |
Housing Distribution
Address Breakdown
Residential
261
Single Family
241
Multi-Family
20
Businesses
44
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50680, Wellsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 428 (78.1%) |
| Renter Occupied HU | 63 (11.5%) |
| Vacant Housing Units | 57 (10.4%) |
| Median Home Value | $156,081 |
| Average Home Value | $221,694 |
Housing Distribution
Address Breakdown
Residential
261
Single Family
241
Multi-Family
20
Businesses
44
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Denise Reents • PSB Realty
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20251443
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Based on information submitted to the MLS GRID as of 2025-04-09 11:42:34 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.