202 E Main StAckworthIA50001
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 202 E Main St, Ackworth, IA, 50001 in Ackworth, $244,950, 8.57% gross yield, $159/mo net income. Consider it a market-entry position, the $1,750/mo rent covers the $1,101/mo payment with a margin, and 5%/yr appreciation is projected to add $67,675 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.59) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $103,523.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $159 | $300 |
City averages based on Ackworth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,750 |
| Total Monthly Debt Service | $1,493 |
| DSCR Ratio | 1.17x |
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 1961
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50001, Ackworth, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 246 (100%) |
| Owner Occupied HU | 212 (86.2%) |
| Renter Occupied HU | 21 ( 8.5%) |
| Vacant Housing Units | 13 ( 5.3%) |
| Median Home Value | $307,895 |
| Average Home Value | $376,085 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
3
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 1961
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50001, Ackworth, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 246 (100%) |
| Owner Occupied HU | 212 (86.2%) |
| Renter Occupied HU | 21 ( 8.5%) |
| Vacant Housing Units | 13 ( 5.3%) |
| Median Home Value | $307,895 |
| Average Home Value | $376,085 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices