302 Walnut StTiptonIA52772
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 302 Walnut St, Tipton, IA, 52772 in Tipton: $1,678/mo in rent, $509/mo net, 11.18% gross yield, all on a $180,000 acquisition. The 2.07 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $49,731 in value, and $1,658/yr in principal paydown steadily builds equity. Projected total cumulative return: $101,275.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.0% |
| Monthly Cash Flow | $509 | $250 |
City averages based on Tipton 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 | $1,678 |
| Total Monthly Debt Service | $1,097 |
| DSCR Ratio | 1.53x |
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 1909
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52772, Tipton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,362 (100%) |
| Owner Occupied HU | 1,694 (71.7%) |
| Renter Occupied HU | 450 (19.1%) |
| Vacant Housing Units | 218 ( 9.2%) |
| Median Home Value | $232,784 |
| Average Home Value | $300,643 |
Housing Distribution
Address Breakdown
Residential
2,148
Single Family
1,970
Multi-Family
178
Businesses
213
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 1909
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52772, Tipton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,362 (100%) |
| Owner Occupied HU | 1,694 (71.7%) |
| Renter Occupied HU | 450 (19.1%) |
| Vacant Housing Units | 218 ( 9.2%) |
| Median Home Value | $232,784 |
| Average Home Value | $300,643 |
Housing Distribution
Address Breakdown
Residential
2,148
Single Family
1,970
Multi-Family
178
Businesses
213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
