18416 Highway 70ConesvilleIA52739
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play18416 Highway 70, Conesville, IA, 52739 in Conesville is priced for appreciation, not yield. Rental yield 5.99%. At $295,000 with a 5.99% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $81,503 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.11) 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: $83,778.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 7.0% |
| Monthly Cash Flow | $(442) | $1,200 |
City averages based on Conesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,474 |
| Total Monthly Debt Service | $1,799 |
| DSCR Ratio | 0.82x |
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 1965
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52739, Conesville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 236 (100%) |
| Owner Occupied HU | 172 (72.9%) |
| Renter Occupied HU | 49 (20.8%) |
| Vacant Housing Units | 15 ( 6.4%) |
| Median Home Value | $291,176 |
| Average Home Value | $313,605 |
Housing Distribution
Address Breakdown
Residential
180
Single Family
180
Multi-Family
0
Businesses
15
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 1965
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52739, Conesville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 236 (100%) |
| Owner Occupied HU | 172 (72.9%) |
| Renter Occupied HU | 49 (20.8%) |
| Vacant Housing Units | 15 ( 6.4%) |
| Median Home Value | $291,176 |
| Average Home Value | $313,605 |
Housing Distribution
Address Breakdown
Residential
180
Single Family
180
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Iowa City Area AOR
Mls ID: #202602142