2652 Golden Ridge RdDorchesterIA52140
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 1.66% gross rental yield, 2652 Golden Ridge Rd, Dorchester, IA, 52140 in Dorchester is priced for capital growth, not immediate cash flow. The $650,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $179,583 by year five, with $5,449/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.29) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $21,382.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.7% | 6.0% |
| Monthly Cash Flow | $(3,321) | $150 |
City averages based on Dorchester 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 | $900 |
| Total Monthly Debt Service | $4,121 |
| DSCR Ratio | 0.22x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
73.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52140, Dorchester, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 303 (100%) |
| Owner Occupied HU | 206 (68.0%) |
| Renter Occupied HU | 28 ( 9.2%) |
| Vacant Housing Units | 69 (22.8%) |
| Median Home Value | $281,250 |
| Average Home Value | $475,400 |
Housing Distribution
Address Breakdown
Residential
237
Single Family
237
Multi-Family
0
Businesses
5
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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
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Listed by: N/A • N/A
Mls Name: REALSTACK
Mls ID: #117757
