2160 S Lakeshore DrBrooklynIA52211
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 2160 S Lakeshore Dr, Brooklyn, IA, 52211 in Brooklyn. Rental yield 6.08%. The 1.13 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $88,410 and $2,947/yr in principal reduction project total return of $90,344.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.0% |
| Monthly Cash Flow | $(490) | $100 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,620 |
| Total Monthly Debt Service | $1,983 |
| DSCR Ratio | 0.82x |
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.
Single Family
Built in 1962
7,840 sqft lot
$N/A/sqft
$384 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52211, Brooklyn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,553 (100%) |
| Owner Occupied HU | 896 (57.7%) |
| Renter Occupied HU | 225 (14.5%) |
| Vacant Housing Units | 432 (27.8%) |
| Median Home Value | $211,667 |
| Average Home Value | $246,032 |
Housing Distribution
Address Breakdown
Residential
1,054
Single Family
1,054
Multi-Family
0
Businesses
83
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 1962
7,840 sqft lot
$N/A/sqft
$384 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52211, Brooklyn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,553 (100%) |
| Owner Occupied HU | 896 (57.7%) |
| Renter Occupied HU | 225 (14.5%) |
| Vacant Housing Units | 432 (27.8%) |
| Median Home Value | $211,667 |
| Average Home Value | $246,032 |
Housing Distribution
Address Breakdown
Residential
1,054
Single Family
1,054
Multi-Family
0
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi Sunkle • Holiday Realty Inc
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327091
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.