3021 Eagle Ridge DrHumboldtIA50548
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play3021 Eagle Ridge Dr, Humboldt, IA, 50548 in Humboldt is priced for appreciation, not yield. Rental yield 2.25%. At $649,900 with a 2.25% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $179,555 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.42) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $54,074.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 6.2% |
| Monthly Cash Flow | $(3,004) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
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 | $1,217 |
| Total Monthly Debt Service | $3,962 |
| DSCR Ratio | 0.31x |
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 2021
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50548, Humboldt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,725 (100%) |
| Owner Occupied HU | 1,730 (63.5%) |
| Renter Occupied HU | 735 (27.0%) |
| Vacant Housing Units | 260 ( 9.5%) |
| Median Home Value | $186,927 |
| Average Home Value | $232,088 |
Housing Distribution
Address Breakdown
Residential
2,559
Single Family
2,288
Multi-Family
271
Businesses
288
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 2021
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50548, Humboldt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,725 (100%) |
| Owner Occupied HU | 1,730 (63.5%) |
| Renter Occupied HU | 735 (27.0%) |
| Vacant Housing Units | 260 ( 9.5%) |
| Median Home Value | $186,927 |
| Average Home Value | $232,088 |
Housing Distribution
Address Breakdown
Residential
2,559
Single Family
2,288
Multi-Family
271
Businesses
288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices