20968 475th StCharitonIA50049
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 20968 475th St, Chariton, IA, 50049 in Chariton at $149,500 earns $1,158/mo in rent and nets $187/mo after the $672/mo payment, a 9.29% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $41,304 over five years. Ziffy Mortgage underwrites this on a 1.72 DSCR without U.S. credit history. With $1,377/yr in principal paydown, total projected return reaches $68,952.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.0% |
| Monthly Cash Flow | $187 | $150 |
City averages based on Chariton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,158 |
| Total Monthly Debt Service | $911 |
| DSCR Ratio | 1.27x |
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 1940
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50049, Chariton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,080 (100%) |
| Owner Occupied HU | 2,025 (65.7%) |
| Renter Occupied HU | 676 (21.9%) |
| Vacant Housing Units | 379 (12.3%) |
| Median Home Value | $131,671 |
| Average Home Value | $212,932 |
Housing Distribution
Address Breakdown
Residential
2,836
Single Family
2,639
Multi-Family
197
Businesses
269
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 1940
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50049, Chariton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,080 (100%) |
| Owner Occupied HU | 2,025 (65.7%) |
| Renter Occupied HU | 676 (21.9%) |
| Vacant Housing Units | 379 (12.3%) |
| Median Home Value | $131,671 |
| Average Home Value | $212,932 |
Housing Distribution
Address Breakdown
Residential
2,836
Single Family
2,639
Multi-Family
197
Businesses
269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices