1312 Grand StWebster CityIA50595
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1312 Grand St, Webster City, IA, 50595 in Webster City hard to pass up. The 12.74% gross yield on a $265,000 purchase results in $2,813/mo in rent and $892/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.36). Annual cash flow of $10,700, five-year appreciation of $73,215, and $2,441/yr in equity build-up combine for a projected total cumulative return of $159,067.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 6.5% |
| Monthly Cash Flow | $892 | $300 |
City averages based on Webster City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,813 |
| Total Monthly Debt Service | $1,816 |
| DSCR Ratio | 1.55x |
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.
Condo
Built in 1998
6,098 sqft lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50595, Webster City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,215 (100%) |
| Owner Occupied HU | 2,520 (59.8%) |
| Renter Occupied HU | 1,237 (29.3%) |
| Vacant Housing Units | 458 (10.9%) |
| Median Home Value | $131,392 |
| Average Home Value | $179,494 |
Housing Distribution
Address Breakdown
Residential
3,872
Single Family
3,563
Multi-Family
309
Businesses
346
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
Condo
Built in 1998
6,098 sqft lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50595, Webster City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,215 (100%) |
| Owner Occupied HU | 2,520 (59.8%) |
| Renter Occupied HU | 1,237 (29.3%) |
| Vacant Housing Units | 458 (10.9%) |
| Median Home Value | $131,392 |
| Average Home Value | $179,494 |
Housing Distribution
Address Breakdown
Residential
3,872
Single Family
3,563
Multi-Family
309
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aliya Streigle • Abens Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327276
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.