302 Railroad StOthoIA50569
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Otho rentals match the income profile of 302 Railroad St, Otho, IA, 50569. Listed at $145,000, gross rent is $1,553/mo and net cash flow is $611/mo, a 12.85% yield well above national averages. DSCR 2.38 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $40,061 by year five with $1,335/yr in annual principal reduction, projecting $94,510 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 6.0% |
| Monthly Cash Flow | $611 | $250 |
City averages based on Otho market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,553 |
| Total Monthly Debt Service | $884 |
| DSCR Ratio | 1.76x |
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 1982
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50569, Otho, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 373 (100%) |
| Owner Occupied HU | 263 (70.5%) |
| Renter Occupied HU | 71 (19.0%) |
| Vacant Housing Units | 39 (10.5%) |
| Median Home Value | $107,870 |
| Average Home Value | $136,787 |
Housing Distribution
Address Breakdown
Residential
352
Single Family
352
Multi-Family
0
Businesses
10
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 1982
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50569, Otho, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 373 (100%) |
| Owner Occupied HU | 263 (70.5%) |
| Renter Occupied HU | 71 (19.0%) |
| Vacant Housing Units | 39 (10.5%) |
| Median Home Value | $107,870 |
| Average Home Value | $136,787 |
Housing Distribution
Address Breakdown
Residential
352
Single Family
352
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices