16757 County Highway K42WhitingIA51063
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 16757 County Highway K42, Whiting, IA, 51063 in Whiting. Rental yield 4.22%. At $549,000 with 4.22% gross yield, current distributions are modest, but the 5% appreciation rate projects $151,679 in new equity by year five, complemented by $4,602/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.74) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $93,325.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 8.0% |
| Monthly Cash Flow | $(1,636) | $250 |
City averages based on Whiting market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,930 |
| Total Monthly Debt Service | $3,481 |
| DSCR Ratio | 0.55x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
6.91 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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
