1942 S AveSouth AmanaIA52334
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 1942 S Ave, South Amana, IA, 52334 in South Amana. Rental yield 7.25%. The 1.34 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $69,070 and $2,303/yr in principal reduction project total return of $87,889.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 10.0% |
| Monthly Cash Flow | $(113) | $1,200 |
City averages based on South Amana 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 | $1,511 |
| Total Monthly Debt Service | $1,524 |
| DSCR Ratio | 0.99x |
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 1918
2.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52334, South Amana, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 122 (100%) |
| Owner Occupied HU | 95 (77.9%) |
| Renter Occupied HU | 15 (12.3%) |
| Vacant Housing Units | 12 ( 9.8%) |
| Median Home Value | $291,071 |
| Average Home Value | $307,921 |
Housing Distribution
Address Breakdown
Residential
108
Single Family
108
Multi-Family
0
Businesses
7
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 1918
2.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52334, South Amana, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 122 (100%) |
| Owner Occupied HU | 95 (77.9%) |
| Renter Occupied HU | 15 (12.3%) |
| Vacant Housing Units | 12 ( 9.8%) |
| Median Home Value | $291,071 |
| Average Home Value | $307,921 |
Housing Distribution
Address Breakdown
Residential
108
Single Family
108
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lexi Belland Perez • Lepic-Kroeger, REALTORS
Mls Name: Iowa City Area AOR
Mls ID: #202506290