206-212 NW Walnut StBridgewaterIA50837
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play206-212 NW Walnut St, Bridgewater, IA, 50837 in Bridgewater is priced for appreciation, not yield. Rental yield 2.36%. At $395,000 with a 2.36% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $109,131 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.44) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $35,148.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.4% | 8.0% |
| Monthly Cash Flow | $(1,789) | $200 |
City averages based on Bridgewater market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $776 |
| Total Monthly Debt Service | $2,408 |
| DSCR Ratio | 0.32x |
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.
Multi Family
Built in N/A
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50837, Bridgewater, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 106 (62.7%) |
| Renter Occupied HU | 23 (13.6%) |
| Vacant Housing Units | 40 (23.7%) |
| Median Home Value | $233,333 |
| Average Home Value | $297,712 |
Housing Distribution
Address Breakdown
Residential
117
Single Family
117
Multi-Family
0
Businesses
11
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
Multi Family
Built in N/A
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50837, Bridgewater, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 106 (62.7%) |
| Renter Occupied HU | 23 (13.6%) |
| Vacant Housing Units | 40 (23.7%) |
| Median Home Value | $233,333 |
| Average Home Value | $297,712 |
Housing Distribution
Address Breakdown
Residential
117
Single Family
117
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Patel • Pella Real Estate Services
Mls Name: DMMLS
Mls ID: #718083