209 Jessie StOssianIA52161
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 209 Jessie St, Ossian, IA, 52161 in Ossian at $189,900 earns $1,266/mo in rent and nets $33/mo after the $854/mo payment, a 8% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $52,466 over five years. Ziffy Mortgage underwrites this on a 1.48 DSCR without U.S. credit history. With $1,749/yr in principal paydown, total projected return reaches $74,406.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $33 | $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 | $1,266 |
| Total Monthly Debt Service | $1,158 |
| DSCR Ratio | 1.09x |
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 1910
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52161, Ossian, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 605 (100%) |
| Owner Occupied HU | 461 (76.2%) |
| Renter Occupied HU | 98 (16.2%) |
| Vacant Housing Units | 46 ( 7.6%) |
| Median Home Value | $224,202 |
| Average Home Value | $287,749 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
389
Multi-Family
16
Businesses
44
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 1910
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52161, Ossian, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 605 (100%) |
| Owner Occupied HU | 461 (76.2%) |
| Renter Occupied HU | 98 (16.2%) |
| Vacant Housing Units | 46 ( 7.6%) |
| Median Home Value | $224,202 |
| Average Home Value | $287,749 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
389
Multi-Family
16
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices