301 E Main StAgencyIA52530
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 301 E Main St, Agency, IA, 52530 in Agency. Rental yield 4.37%. At $185,000 with 4.37% gross yield, current distributions are modest, but the 5% appreciation rate projects $51,112 in new equity by year five, complemented by $1,704/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.81) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $36,377.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 6.5% |
| Monthly Cash Flow | $(528) | $1,200 |
City averages based on Agency market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $673 |
| Total Monthly Debt Service | $1,128 |
| DSCR Ratio | 0.60x |
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 1913
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52530, Agency, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 320 (74.8%) |
| Renter Occupied HU | 72 (16.8%) |
| Vacant Housing Units | 36 ( 8.4%) |
| Median Home Value | $298,387 |
| Average Home Value | $396,297 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
300
Multi-Family
18
Businesses
23
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 1913
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52530, Agency, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 320 (74.8%) |
| Renter Occupied HU | 72 (16.8%) |
| Vacant Housing Units | 36 ( 8.4%) |
| Median Home Value | $298,387 |
| Average Home Value | $396,297 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
300
Multi-Family
18
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Derek Gates • Ottumwa Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326525
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.