201 E Seymour StDanvilleIA52623
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.8% yield at 201 E Seymour St, Danville, IA, 52623 in Danville is solid, but the $805/mo payment compresses net cash flow to $150/mo at $179,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $49,454 by year five, and $1,649/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.63) without U.S. income documentation. Total projected return: $77,823.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.0% |
| Monthly Cash Flow | $150 | $400 |
City averages based on Danville 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 | $1,313 |
| Total Monthly Debt Service | $1,091 |
| DSCR Ratio | 1.20x |
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 1920
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52623, Danville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 826 (100%) |
| Owner Occupied HU | 664 (80.4%) |
| Renter Occupied HU | 112 (13.6%) |
| Vacant Housing Units | 50 ( 6.1%) |
| Median Home Value | $225,701 |
| Average Home Value | $271,773 |
Housing Distribution
Address Breakdown
Residential
694
Single Family
678
Multi-Family
16
Businesses
40
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 1920
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52623, Danville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 826 (100%) |
| Owner Occupied HU | 664 (80.4%) |
| Renter Occupied HU | 112 (13.6%) |
| Vacant Housing Units | 50 ( 6.1%) |
| Median Home Value | $225,701 |
| Average Home Value | $271,773 |
Housing Distribution
Address Breakdown
Residential
694
Single Family
678
Multi-Family
16
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices