204 Thompson CtDelhiIA52223
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 204 Thompson Ct, Delhi, IA, 52223 in Delhi worth study. Rental yield 4.25%. The 4.25% gross yield is below cash-flow benchmarks at $440,000, but 5% annual appreciation, adding $121,564 over five years, frames this as a capital growth position. Rent of $1,558/mo partially offsets the $1,979/mo payment. Ziffy Mortgage finances appreciation-play properties (0.79 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $83,765.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 7.5% |
| Monthly Cash Flow | $(1,300) | $300 |
City averages based on Delhi market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,558 |
| Total Monthly Debt Service | $2,683 |
| DSCR Ratio | 0.58x |
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 2025
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52223, Delhi, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,118 (100%) |
| Owner Occupied HU | 581 (52.0%) |
| Renter Occupied HU | 73 ( 6.5%) |
| Vacant Housing Units | 464 (41.5%) |
| Median Home Value | $303,398 |
| Average Home Value | $477,629 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
552
Multi-Family
0
Businesses
48
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 2025
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52223, Delhi, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,118 (100%) |
| Owner Occupied HU | 581 (52.0%) |
| Renter Occupied HU | 73 ( 6.5%) |
| Vacant Housing Units | 464 (41.5%) |
| Median Home Value | $303,398 |
| Average Home Value | $477,629 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
552
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susie Meyer • EXIT Unlimited
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151658
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.