206 Monroe StFloydIA50435
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 206 Monroe St, Floyd, IA, 50435 in Floyd is narrow, $164/mo net on $1,457/mo rent after the $895/mo debt service, but the property operates at break-even-plus, not a loss. At $199,000 with a 8.78% yield, the long-run equity case via 5% appreciation ($54,980 over five years) and $1,833/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.63 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $86,322.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 5.0% |
| Monthly Cash Flow | $164 | $300 |
City averages based on Floyd market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,457 |
| Total Monthly Debt Service | $1,213 |
| 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 1977
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50435, Floyd, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 326 (100%) |
| Owner Occupied HU | 271 (83.1%) |
| Renter Occupied HU | 39 (12.0%) |
| Vacant Housing Units | 16 ( 4.9%) |
| Median Home Value | $251,042 |
| Average Home Value | $300,803 |
Housing Distribution
Address Breakdown
Residential
215
Single Family
215
Multi-Family
0
Businesses
13
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 1977
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50435, Floyd, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 326 (100%) |
| Owner Occupied HU | 271 (83.1%) |
| Renter Occupied HU | 39 (12.0%) |
| Vacant Housing Units | 16 ( 4.9%) |
| Median Home Value | $251,042 |
| Average Home Value | $300,803 |
Housing Distribution
Address Breakdown
Residential
215
Single Family
215
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices