2006 N 7th StIndianolaIA50125
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2006 N 7th St, Indianola, IA, 50125 in Indianola deserves attention. This $354,990 property earns $3,380/mo in rent, a 11.43% gross yield, and nets $1,060/mo after the $1,596/mo payment. DSCR 2.12 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $98,077 compounds alongside $3,269/yr in yearly equity build, for a total cumulative return of $203,389.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $1,060 | $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 | $3,380 |
| Total Monthly Debt Service | $2,179 |
| DSCR Ratio | 1.55x |
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 2022
8,407 sqft lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50125, Indianola, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,941 (100%) |
| Owner Occupied HU | 6,204 (69.4%) |
| Renter Occupied HU | 2,072 (23.2%) |
| Vacant Housing Units | 665 ( 7.4%) |
| Median Home Value | $256,652 |
| Average Home Value | $303,097 |
Housing Distribution
Address Breakdown
Residential
8,498
Single Family
7,374
Multi-Family
1,124
Businesses
578
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 2022
8,407 sqft lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50125, Indianola, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,941 (100%) |
| Owner Occupied HU | 6,204 (69.4%) |
| Renter Occupied HU | 2,072 (23.2%) |
| Vacant Housing Units | 665 ( 7.4%) |
| Median Home Value | $256,652 |
| Average Home Value | $303,097 |
Housing Distribution
Address Breakdown
Residential
8,498
Single Family
7,374
Multi-Family
1,124
Businesses
578
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Greer • DRH Realty of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #665766
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.