2846 X AveElberonIA52225
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Elberon rental at 2846 X Ave, Elberon, IA, 52225 sits in the solid-income band: 9.5% gross yield, $1,180/mo rent, $212/mo net after the $670/mo debt service, DSCR 1.76. Entry price of $149,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $41,166 and $1,372/yr in principal reduction bring total cumulative return to $70,372.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.0% |
| Monthly Cash Flow | $212 | $150 |
City averages based on Elberon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,180 |
| Total Monthly Debt Service | $908 |
| DSCR Ratio | 1.30x |
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
5.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52225, Elberon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 198 (100%) |
| Owner Occupied HU | 141 (71.2%) |
| Renter Occupied HU | 29 (14.6%) |
| Vacant Housing Units | 28 (14.1%) |
| Median Home Value | $154,167 |
| Average Home Value | $202,057 |
Housing Distribution
Address Breakdown
Residential
134
Single Family
134
Multi-Family
0
Businesses
7
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
5.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52225, Elberon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 198 (100%) |
| Owner Occupied HU | 141 (71.2%) |
| Renter Occupied HU | 29 (14.6%) |
| Vacant Housing Units | 28 (14.1%) |
| Median Home Value | $154,167 |
| Average Home Value | $202,057 |
Housing Distribution
Address Breakdown
Residential
134
Single Family
134
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices