205 Broadview AveLuanaIA52156
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 205 Broadview Ave, Luana, IA, 52156 in Luana. At $385,000 it earns $2,808/mo in rent and distributes $308/mo to the owner after the $1,731/mo payment, a consistent 8.75% yield. DSCR 1.62 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $106,368 in value; $3,546/yr in principal paydown compounds ownership stake. Total projected return: $166,288.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $308 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,808 |
| Total Monthly Debt Service | $2,347 |
| DSCR Ratio | 1.20x |
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 2007
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52156, Luana, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 318 (100%) |
| Owner Occupied HU | 223 (70.1%) |
| Renter Occupied HU | 63 (19.8%) |
| Vacant Housing Units | 32 (10.1%) |
| Median Home Value | $245,192 |
| Average Home Value | $348,632 |
Housing Distribution
Address Breakdown
Residential
215
Single Family
210
Multi-Family
5
Businesses
14
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 2007
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52156, Luana, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 318 (100%) |
| Owner Occupied HU | 223 (70.1%) |
| Renter Occupied HU | 63 (19.8%) |
| Vacant Housing Units | 32 (10.1%) |
| Median Home Value | $245,192 |
| Average Home Value | $348,632 |
Housing Distribution
Address Breakdown
Residential
215
Single Family
210
Multi-Family
5
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices