1560 Buchanan AveRenwickIA50577
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1560 Buchanan Ave, Renwick, IA, 50577 in Renwick. Rental yield 0%. At $199,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $55,229 in new equity by year five, complemented by $1,841/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% | 5.8% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Renwick market data in our database. Property projections are estimates.
Single Family
Built in N/A
25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50577, Renwick, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 164 (75.2%) |
| Renter Occupied HU | 25 (11.5%) |
| Vacant Housing Units | 29 (13.3%) |
| Median Home Value | $204,688 |
| Average Home Value | $207,851 |
Housing Distribution
Address Breakdown
Residential
141
Single Family
141
Multi-Family
0
Businesses
15
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 N/A
25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50577, Renwick, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 164 (75.2%) |
| Renter Occupied HU | 25 (11.5%) |
| Vacant Housing Units | 29 (13.3%) |
| Median Home Value | $204,688 |
| Average Home Value | $207,851 |
Housing Distribution
Address Breakdown
Residential
141
Single Family
141
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices