304 6th St ENewhallIA52315
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder304 6th St E, Newhall, IA, 52315 in Newhall earns a respectable 7.9% gross yield at $345,000, but after the $1,551/mo mortgage the net cash flow is $31/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.46) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $95,317 over five years, making equity the dominant return driver. Total projected return: $133,317.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.2% |
| Monthly Cash Flow | $31 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,272 |
| Total Monthly Debt Service | $2,103 |
| DSCR Ratio | 1.08x |
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 1992
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52315, Newhall, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 424 (81.7%) |
| Renter Occupied HU | 84 (16.2%) |
| Vacant Housing Units | 11 ( 2.1%) |
| Median Home Value | $226,744 |
| Average Home Value | $259,133 |
Housing Distribution
Address Breakdown
Residential
332
Single Family
304
Multi-Family
28
Businesses
25
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 1992
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52315, Newhall, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 424 (81.7%) |
| Renter Occupied HU | 84 (16.2%) |
| Vacant Housing Units | 11 ( 2.1%) |
| Median Home Value | $226,744 |
| Average Home Value | $259,133 |
Housing Distribution
Address Breakdown
Residential
332
Single Family
304
Multi-Family
28
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices