204 Main StReinbeckIA50669
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 204 Main St, Reinbeck, IA, 50669 in Reinbeck hard to pass up. The 16.28% gross yield on a $117,000 purchase results in $1,588/mo in rent and $828/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.02). Annual cash flow of $9,933, five-year appreciation of $32,325, and $1,078/yr in equity build-up combine for a projected total cumulative return of $97,832.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.3% | 7.5% |
| Monthly Cash Flow | $828 | $300 |
City averages based on Reinbeck market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,588 |
| Total Monthly Debt Service | $713 |
| DSCR Ratio | 2.23x |
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 1900
6,098 sqft lot
$N/A/sqft
No HOA
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 1900
6,098 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Hoover • Realty ONE Group Movement
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20252570
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