1609 N Janesville AvePomeroyIA50575
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1609 N Janesville Ave, Pomeroy, IA, 50575 in Pomeroy is priced for appreciation, not yield. Rental yield 2.37%. At $425,000 with a 2.37% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $117,420 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.44) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $38,147.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.4% | 6.0% |
| Monthly Cash Flow | $(1,920) | $5,000 |
City averages based on Pomeroy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $840 |
| Total Monthly Debt Service | $2,591 |
| DSCR Ratio | 0.32x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2012
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50575, Pomeroy, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 413 (100%) |
| Owner Occupied HU | 290 (70.2%) |
| Renter Occupied HU | 56 (13.6%) |
| Vacant Housing Units | 67 (16.2%) |
| Median Home Value | $83,750 |
| Average Home Value | $175,698 |
Housing Distribution
Address Breakdown
Residential
259
Single Family
250
Multi-Family
9
Businesses
22
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 2012
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50575, Pomeroy, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 413 (100%) |
| Owner Occupied HU | 290 (70.2%) |
| Renter Occupied HU | 56 (13.6%) |
| Vacant Housing Units | 67 (16.2%) |
| Median Home Value | $83,750 |
| Average Home Value | $175,698 |
Housing Distribution
Address Breakdown
Residential
259
Single Family
250
Multi-Family
9
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices