207 2nd StGlenwoodIA51534
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 207 2nd St, Glenwood, IA, 51534 in Glenwood speaks for itself: 11.63% gross on a $226,000 price, generating $2,190/mo in rent and $722/mo in net income after the $1,016/mo debt service. DSCR 2.16, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,667 stacks alongside $62,440 in projected five-year appreciation and $2,081/yr in principal reduction. Projected total cumulative return: $132,521.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 7.2% |
| Monthly Cash Flow | $722 | $600 |
City averages based on Glenwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,190 |
| Total Monthly Debt Service | $1,378 |
| DSCR Ratio | 1.59x |
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 1978
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51534, Glenwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,798 (100%) |
| Owner Occupied HU | 2,710 (71.4%) |
| Renter Occupied HU | 742 (19.5%) |
| Vacant Housing Units | 346 ( 9.1%) |
| Median Home Value | $262,868 |
| Average Home Value | $330,174 |
Housing Distribution
Address Breakdown
Residential
3,620
Single Family
3,603
Multi-Family
17
Businesses
225
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 1978
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51534, Glenwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,798 (100%) |
| Owner Occupied HU | 2,710 (71.4%) |
| Renter Occupied HU | 742 (19.5%) |
| Vacant Housing Units | 346 ( 9.1%) |
| Median Home Value | $262,868 |
| Average Home Value | $330,174 |
Housing Distribution
Address Breakdown
Residential
3,620
Single Family
3,603
Multi-Family
17
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices