229 S Main StRolandIA50236
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 229 S Main St, Roland, IA, 50236 in Roland earns a 10.16% gross yield at $157,000. Rent of $1,296/mo nets $310/mo after the $706/mo mortgage. The 1.84 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $43,376 and $1,446/yr in equity accumulation project a total cumulative return of $77,523.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $310 | $150 |
City averages based on Roland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,296 |
| Total Monthly Debt Service | $957 |
| DSCR Ratio | 1.35x |
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 1930
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50236, Roland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 648 (100%) |
| Owner Occupied HU | 531 (81.9%) |
| Renter Occupied HU | 83 (12.8%) |
| Vacant Housing Units | 34 ( 5.2%) |
| Median Home Value | $325,000 |
| Average Home Value | $341,083 |
Housing Distribution
Address Breakdown
Residential
411
Single Family
391
Multi-Family
20
Businesses
33
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 1930
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50236, Roland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 648 (100%) |
| Owner Occupied HU | 531 (81.9%) |
| Renter Occupied HU | 83 (12.8%) |
| Vacant Housing Units | 34 ( 5.2%) |
| Median Home Value | $325,000 |
| Average Home Value | $341,083 |
Housing Distribution
Address Breakdown
Residential
411
Single Family
391
Multi-Family
20
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lara Hallgrimsdottir • Hunziker & Assoc.-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #67155
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.