1908 5th StGilbertvilleIA50634
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1908 5th St, Gilbertville, IA, 50634 in Gilbertville is narrow, $90/mo net on $1,453/mo rent after the $944/mo debt service, but the property operates at break-even-plus, not a loss. At $209,900 with a 8.31% yield, the long-run equity case via 5% appreciation ($57,992 over five years) and $1,933/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.54 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $85,678.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $90 | $250 |
City averages based on Gilbertville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,453 |
| Total Monthly Debt Service | $1,280 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1958
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50634, Gilbertville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 350 (100%) |
| Owner Occupied HU | 295 (84.3%) |
| Renter Occupied HU | 37 (10.6%) |
| Vacant Housing Units | 18 ( 5.1%) |
| Median Home Value | $262,500 |
| Average Home Value | $268,203 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
17
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 1958
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50634, Gilbertville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 350 (100%) |
| Owner Occupied HU | 295 (84.3%) |
| Renter Occupied HU | 37 (10.6%) |
| Vacant Housing Units | 18 ( 5.1%) |
| Median Home Value | $262,500 |
| Average Home Value | $268,203 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan Tranbarger • Oakridge Real Estate
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20254640