2765 Waukon AveSomersIA50586
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 2765 Waukon Ave, Somers, IA, 50586 in Somers aligned with their strategy. Rental yield 6.35%. DSCR 1.18 and 6.35% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $3,960/yr in paydown build toward a projected cumulative return of $130,341.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 8.0% |
| Monthly Cash Flow | $(516) | $150 |
City averages based on Somers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,276 |
| Total Monthly Debt Service | $2,622 |
| DSCR Ratio | 0.87x |
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
9.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50586, Somers, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 159 (100%) |
| Owner Occupied HU | 128 (80.5%) |
| Renter Occupied HU | 18 (11.3%) |
| Vacant Housing Units | 13 ( 8.2%) |
| Median Home Value | $137,500 |
| Average Home Value | $200,742 |
Housing Distribution
Address Breakdown
Residential
94
Single Family
94
Multi-Family
0
Businesses
5
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
9.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50586, Somers, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 159 (100%) |
| Owner Occupied HU | 128 (80.5%) |
| Renter Occupied HU | 18 (11.3%) |
| Vacant Housing Units | 13 ( 8.2%) |
| Median Home Value | $137,500 |
| Average Home Value | $200,742 |
Housing Distribution
Address Breakdown
Residential
94
Single Family
94
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
