1741 Vine AveOcheyedanIA51354
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1741 Vine Ave, Ocheyedan, IA, 51354 in Ocheyedan. Rental yield 1.2%. At $1,200,000 with 1.2% gross yield, current distributions are modest, but the 5% appreciation rate projects $331,538 in new equity by year five, complemented by $11,052/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.22) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $32,045.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.2% | 6.2% |
| Monthly Cash Flow | $(6,597) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
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 | $1,196 |
| Total Monthly Debt Service | $7,316 |
| DSCR Ratio | 0.16x |
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 1974
10.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51354, Ocheyedan, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 504 (100%) |
| Owner Occupied HU | 351 (69.6%) |
| Renter Occupied HU | 84 (16.7%) |
| Vacant Housing Units | 69 (13.7%) |
| Median Home Value | $204,605 |
| Average Home Value | $222,187 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
37
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 1974
10.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51354, Ocheyedan, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 504 (100%) |
| Owner Occupied HU | 351 (69.6%) |
| Renter Occupied HU | 84 (16.7%) |
| Vacant Housing Units | 69 (13.7%) |
| Median Home Value | $204,605 |
| Average Home Value | $222,187 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices