1976 310th AveChelseaIA52215
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 1976 310th Ave, Chelsea, IA, 52215 in Chelsea is capital appreciation. Rental yield 0%. The 0% gross yield at $169,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $46,940 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $600 |
City averages based on Chelsea market data in our database. Property projections are estimates.
Single Family
Built in 1988
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52215, Chelsea, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 354 (100%) |
| Owner Occupied HU | 283 (79.9%) |
| Renter Occupied HU | 25 ( 7.1%) |
| Vacant Housing Units | 46 (13.0%) |
| Median Home Value | $251,923 |
| Average Home Value | $283,993 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
327
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1988
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52215, Chelsea, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 354 (100%) |
| Owner Occupied HU | 283 (79.9%) |
| Renter Occupied HU | 25 ( 7.1%) |
| Vacant Housing Units | 46 (13.0%) |
| Median Home Value | $251,923 |
| Average Home Value | $283,993 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
327
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices