2224 Indian AveIda GroveIA51445
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 2224 Indian Ave, Ida Grove, IA, 51445 in Ida Grove delivers $1,711/mo in gross rent and $289/mo in net monthly income at a $219,000 entry. The 9.38% yield and 1.74 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $60,506 over five years and $2,017/yr in equity from loan paydown, total projected return is $101,914.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $289 | $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 | $1,711 |
| Total Monthly Debt Service | $1,335 |
| DSCR Ratio | 1.28x |
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 1920
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51445, Ida Grove, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 863 (61.8%) |
| Renter Occupied HU | 354 (25.3%) |
| Vacant Housing Units | 180 (12.9%) |
| Median Home Value | $139,096 |
| Average Home Value | $178,786 |
Housing Distribution
Address Breakdown
Residential
1,239
Single Family
1,187
Multi-Family
52
Businesses
140
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 1920
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51445, Ida Grove, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 863 (61.8%) |
| Renter Occupied HU | 354 (25.3%) |
| Vacant Housing Units | 180 (12.9%) |
| Median Home Value | $139,096 |
| Average Home Value | $178,786 |
Housing Distribution
Address Breakdown
Residential
1,239
Single Family
1,187
Multi-Family
52
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel R Remer • Remer Realty & Appraisal LLC
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6329867
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-20 21:32:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#7734)