16035 42 Co Hwy #KWhitingIA51063
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 16035 42 Co Hwy #K, Whiting, IA, 51063 in Whiting is priced for capital growth, not immediate cash flow. The $245,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $67,689 by year five, with $2,256/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $250 |
City averages based on Whiting market data in our database. Property projections are estimates.
Single Family
Built in 1920
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51063, Whiting, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 491 (100%) |
| Owner Occupied HU | 338 (68.8%) |
| Renter Occupied HU | 111 (22.6%) |
| Vacant Housing Units | 42 ( 8.6%) |
| Median Home Value | $127,000 |
| Average Home Value | $170,074 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
302
Multi-Family
16
Businesses
32
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 1920
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51063, Whiting, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 491 (100%) |
| Owner Occupied HU | 338 (68.8%) |
| Renter Occupied HU | 111 (22.6%) |
| Vacant Housing Units | 42 ( 8.6%) |
| Median Home Value | $127,000 |
| Average Home Value | $170,074 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
302
Multi-Family
16
Businesses
32
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jessica Tadlock • Century 21 ProLink
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829808
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.