201 Locust StRolfeIA50581
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 201 Locust St, Rolfe, IA, 50581 in Rolfe worth study. Rental yield 4.5%. The 4.5% gross yield is below cash-flow benchmarks at $159,900, but 5% annual appreciation, adding $44,177 over five years, frames this as a capital growth position. Rent of $600/mo partially offsets the $719/mo payment. Ziffy Mortgage finances appreciation-play properties (0.83 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $32,683.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 5.0% |
| Monthly Cash Flow | $(438) | $300 |
City averages based on Rolfe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $600 |
| Total Monthly Debt Service | $975 |
| DSCR Ratio | 0.62x |
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 1889
4,944 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50581, Rolfe, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 454 (100%) |
| Owner Occupied HU | 295 (65.0%) |
| Renter Occupied HU | 74 (16.3%) |
| Vacant Housing Units | 85 (18.7%) |
| Median Home Value | $91,750 |
| Average Home Value | $155,686 |
Housing Distribution
Address Breakdown
Residential
380
Single Family
377
Multi-Family
3
Businesses
16
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 1889
4,944 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50581, Rolfe, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 454 (100%) |
| Owner Occupied HU | 295 (65.0%) |
| Renter Occupied HU | 74 (16.3%) |
| Vacant Housing Units | 85 (18.7%) |
| Median Home Value | $91,750 |
| Average Home Value | $155,686 |
Housing Distribution
Address Breakdown
Residential
380
Single Family
377
Multi-Family
3
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Jergens • Winegarden Auctioneering
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326268
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.