302 Water StWest UnionIA52175
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 302 Water St, West Union, IA, 52175 in West Union speaks for itself: 10.85% gross on a $198,500 price, generating $1,795/mo in rent and $506/mo in net income after the $941/mo debt service. DSCR 1.91, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,072 stacks alongside $54,842 in projected five-year appreciation and $1,664/yr in principal reduction. Projected total cumulative return: $104,386.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 8.0% |
| Monthly Cash Flow | $506 | $300 |
City averages based on West Union 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 | $1,795 |
| Total Monthly Debt Service | $1,259 |
| DSCR Ratio | 1.43x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1890
0.62 Acres lot
$N/A/sqft
No HOA
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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
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Listed by: N/A • N/A
Mls Name: Northeast Iowa Regional BOR as distributed by MLS GRID
Mls Provider:
Mls ID: #20264598
