2325 Squirrel AveAftonIA50830
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2325 Squirrel Ave, Afton, IA, 50830 in Afton. Rental yield 1.36%. At $855,000 with 1.36% gross yield, current distributions are modest, but the 5% appreciation rate projects $236,221 in new equity by year five, complemented by $7,875/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.25) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $30,524.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.4% | 8.0% |
| Monthly Cash Flow | $(4,581) | $450 |
City averages based on Afton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $972 |
| Total Monthly Debt Service | $5,213 |
| DSCR Ratio | 0.19x |
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 N/A
120 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50830, Afton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 503 (67.9%) |
| Renter Occupied HU | 159 (21.5%) |
| Vacant Housing Units | 79 (10.7%) |
| Median Home Value | $133,854 |
| Average Home Value | $215,303 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
648
Multi-Family
0
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 N/A
120 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50830, Afton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 503 (67.9%) |
| Renter Occupied HU | 159 (21.5%) |
| Vacant Housing Units | 79 (10.7%) |
| Median Home Value | $133,854 |
| Average Home Value | $215,303 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
648
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices