3014 Forest Ridge Dr NESwisherIA52338
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 3014 Forest Ridge Dr NE, Swisher, IA, 52338 in Swisher worth study. Rental yield 3.83%. The 3.83% gross yield is below cash-flow benchmarks at $1,293,908, but 5% annual appreciation, adding $357,483 over five years, frames this as a capital growth position. Rent of $4,132/mo partially offsets the $5,818/mo payment. Ziffy Mortgage finances appreciation-play properties (0.71 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $217,502.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 5.0% |
| Monthly Cash Flow | $(4,272) | $300 |
City averages based on Swisher market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,132 |
| Total Monthly Debt Service | $7,888 |
| DSCR Ratio | 0.52x |
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 2026
2 Acres lot
$N/A/sqft
No 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
Single Family
Built in 2026
2 Acres lot
$N/A/sqft
No 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