14627 Morman TrlCharitonIA50049
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 14627 Morman Trl, Chariton, IA, 50049 in Chariton at $245,019 earns $1,697/mo in rent and nets $106/mo after the $1,102/mo payment, a 8.31% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $67,694 over five years. Ziffy Mortgage underwrites this on a 1.54 DSCR without U.S. credit history. With $2,257/yr in principal paydown, total projected return reaches $100,006.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $106 | $150 |
City averages based on Chariton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,697 |
| Total Monthly Debt Service | $1,494 |
| DSCR Ratio | 1.14x |
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 N/A
35.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50049, Chariton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,080 (100%) |
| Owner Occupied HU | 2,025 (65.7%) |
| Renter Occupied HU | 676 (21.9%) |
| Vacant Housing Units | 379 (12.3%) |
| Median Home Value | $131,671 |
| Average Home Value | $212,932 |
Housing Distribution
Address Breakdown
Residential
2,836
Single Family
2,639
Multi-Family
197
Businesses
269
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 N/A
35.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50049, Chariton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,080 (100%) |
| Owner Occupied HU | 2,025 (65.7%) |
| Renter Occupied HU | 676 (21.9%) |
| Vacant Housing Units | 379 (12.3%) |
| Median Home Value | $131,671 |
| Average Home Value | $212,932 |
Housing Distribution
Address Breakdown
Residential
2,836
Single Family
2,639
Multi-Family
197
Businesses
269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices