201 1st AveRoyalIA51357
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 201 1st Ave, Royal, IA, 51357 in Royal speaks for itself: 15.86% gross on a $134,000 price, generating $1,771/mo in rent and $901/mo in net income after the $603/mo debt service. DSCR 2.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,811 stacks alongside $37,022 in projected five-year appreciation and $1,234/yr in principal reduction. Projected total cumulative return: $108,946.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.9% | 6.5% |
| Monthly Cash Flow | $901 | $250 |
City averages based on Royal market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,771 |
| Total Monthly Debt Service | $817 |
| DSCR Ratio | 2.17x |
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 1965
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51357, Royal, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 312 (100%) |
| Owner Occupied HU | 230 (73.7%) |
| Renter Occupied HU | 40 (12.8%) |
| Vacant Housing Units | 42 (13.5%) |
| Median Home Value | $164,706 |
| Average Home Value | $241,837 |
Housing Distribution
Address Breakdown
Residential
120
Single Family
120
Multi-Family
0
Businesses
20
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
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51357, Royal, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 312 (100%) |
| Owner Occupied HU | 230 (73.7%) |
| Renter Occupied HU | 40 (12.8%) |
| Vacant Housing Units | 42 (13.5%) |
| Median Home Value | $164,706 |
| Average Home Value | $241,837 |
Housing Distribution
Address Breakdown
Residential
120
Single Family
120
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Black • EXIT Realty Midwest- Spencer/Emmetsburg
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250939
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.