204 N Gaines StStuartIA50250
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.36% yield at 204 N Gaines St, Stuart, IA, 50250 in Stuart is solid, but the $863/mo payment compresses net cash flow to $91/mo at $192,000. 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 $53,046 by year five, and $1,768/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.55) without U.S. income documentation. Total projected return: $78,936.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.0% |
| Monthly Cash Flow | $91 | $300 |
City averages based on Stuart market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,338 |
| Total Monthly Debt Service | $1,171 |
| DSCR Ratio | 1.14x |
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
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50250, Stuart, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,137 (100%) |
| Owner Occupied HU | 750 (66.0%) |
| Renter Occupied HU | 236 (20.8%) |
| Vacant Housing Units | 151 (13.3%) |
| Median Home Value | $197,000 |
| Average Home Value | $221,707 |
Housing Distribution
Address Breakdown
Residential
933
Single Family
869
Multi-Family
64
Businesses
102
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
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50250, Stuart, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,137 (100%) |
| Owner Occupied HU | 750 (66.0%) |
| Renter Occupied HU | 236 (20.8%) |
| Vacant Housing Units | 151 (13.3%) |
| Median Home Value | $197,000 |
| Average Home Value | $221,707 |
Housing Distribution
Address Breakdown
Residential
933
Single Family
869
Multi-Family
64
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cy Phillips • Space Simply
Mls Name: DMMLS
Mls Provider:
Mls ID: #722407
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.