2952 Easton TrlWoodbineIA51579
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.24% gross rental yield, 2952 Easton Trl, Woodbine, IA, 51579 in Woodbine is priced for capital growth, not immediate cash flow. The $1,199,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $331,262 by year five, with $11,043/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.97) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $291,924.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 8.0% |
| Monthly Cash Flow | $(2,554) | $300 |
City averages based on Woodbine 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 | $5,233 |
| Total Monthly Debt Service | $7,310 |
| DSCR Ratio | 0.72x |
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 2011
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51579, Woodbine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,074 (100%) |
| Owner Occupied HU | 686 (63.9%) |
| Renter Occupied HU | 285 (26.5%) |
| Vacant Housing Units | 103 ( 9.6%) |
| Median Home Value | $201,799 |
| Average Home Value | $230,186 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
949
Multi-Family
57
Businesses
96
Nearby investment properties with comparable rents
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 2011
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51579, Woodbine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,074 (100%) |
| Owner Occupied HU | 686 (63.9%) |
| Renter Occupied HU | 285 (26.5%) |
| Vacant Housing Units | 103 ( 9.6%) |
| Median Home Value | $201,799 |
| Average Home Value | $230,186 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
949
Multi-Family
57
Businesses
96
Nearby investment properties with comparable rents