236 N Main AveAlburnettIA52202
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 236 N Main Ave, Alburnett, IA, 52202 in Alburnett: $1,667/mo in rent, $465/mo in net income, 10.81% gross yield, 2.00 DSCR, all at $185,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $51,112 in appreciation and $1,704/yr in principal paydown projects total cumulative return of $100,337.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 8.0% |
| Monthly Cash Flow | $465 | $1,200 |
City averages based on Alburnett market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,667 |
| Total Monthly Debt Service | $1,128 |
| DSCR Ratio | 1.48x |
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 1941
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52202, Alburnett, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 479 (100%) |
| Owner Occupied HU | 398 (83.1%) |
| Renter Occupied HU | 50 (10.4%) |
| Vacant Housing Units | 31 ( 6.5%) |
| Median Home Value | $300,787 |
| Average Home Value | $323,317 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
296
Multi-Family
4
Businesses
31
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 1941
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52202, Alburnett, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 479 (100%) |
| Owner Occupied HU | 398 (83.1%) |
| Renter Occupied HU | 50 (10.4%) |
| Vacant Housing Units | 31 ( 6.5%) |
| Median Home Value | $300,787 |
| Average Home Value | $323,317 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
296
Multi-Family
4
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices