3 Pleasant Hl #1SwisherIA52338
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3 Pleasant Hl #1, Swisher, IA, 52338 in Swisher speaks for itself: 18.73% gross on a $113,000 price, generating $1,764/mo in rent and $1,009/mo in net income after the $508/mo debt service. DSCR 3.47, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $12,111 stacks alongside $31,220 in projected five-year appreciation and $1,041/yr in principal reduction. Projected total cumulative return: $108,086.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.7% | 5.0% |
| Monthly Cash Flow | $1,009 | $300 |
City averages based on Swisher market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,764 |
| Total Monthly Debt Service | $710 |
| DSCR Ratio | 2.49x |
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.
Lot
Built in N/A
0.59 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52338, Swisher, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,386 (100%) |
| Owner Occupied HU | 1,234 (89.0%) |
| Renter Occupied HU | 103 ( 7.4%) |
| Vacant Housing Units | 49 ( 3.5%) |
| Median Home Value | $389,028 |
| Average Home Value | $479,510 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,191
Multi-Family
0
Businesses
92
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
Lot
Built in N/A
0.59 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52338, Swisher, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,386 (100%) |
| Owner Occupied HU | 1,234 (89.0%) |
| Renter Occupied HU | 103 ( 7.4%) |
| Vacant Housing Units | 49 ( 3.5%) |
| Median Home Value | $389,028 |
| Average Home Value | $479,510 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,191
Multi-Family
0
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices