245 1st Ave SEBadgerIA50516
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 245 1st Ave SE, Badger, IA, 50516 in Badger is listed at $139,500 and delivers $1,247/mo in rent and $341/mo in net monthly cash flow. The 10.73% yield and 1.99 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $38,541 over five years, and $1,285/yr in principal reduction supplements cash return. Total projected cumulative return: $75,064.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.0% |
| Monthly Cash Flow | $341 | $250 |
City averages based on Badger market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,247 |
| Total Monthly Debt Service | $850 |
| DSCR Ratio | 1.47x |
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 N/A
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50516, Badger, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 304 (100%) |
| Owner Occupied HU | 256 (84.2%) |
| Renter Occupied HU | 29 ( 9.5%) |
| Vacant Housing Units | 19 ( 6.2%) |
| Median Home Value | $190,152 |
| Average Home Value | $260,410 |
Housing Distribution
Address Breakdown
Residential
178
Single Family
178
Multi-Family
0
Businesses
12
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
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50516, Badger, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 304 (100%) |
| Owner Occupied HU | 256 (84.2%) |
| Renter Occupied HU | 29 ( 9.5%) |
| Vacant Housing Units | 19 ( 6.2%) |
| Median Home Value | $190,152 |
| Average Home Value | $260,410 |
Housing Distribution
Address Breakdown
Residential
178
Single Family
178
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices