304 6th StVictorIA52347
INVESTMENT ANALYSIS
Investment Verdict
Solid Income304 6th St, Victor, IA, 52347 in Victor earns a respectable 9.6% gross yield at $105,000, but after the $472/mo mortgage the net cash flow is $158/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.78) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $29,010 over five years, making equity the dominant return driver. Total projected return: $50,127.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.0% |
| Monthly Cash Flow | $158 | $150 |
City averages based on Victor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $840 |
| Total Monthly Debt Service | $640 |
| DSCR Ratio | 1.31x |
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 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52347, Victor, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 616 (100%) |
| Owner Occupied HU | 452 (73.4%) |
| Renter Occupied HU | 115 (18.7%) |
| Vacant Housing Units | 49 ( 8.0%) |
| Median Home Value | $146,324 |
| Average Home Value | $241,444 |
Housing Distribution
Address Breakdown
Residential
355
Single Family
340
Multi-Family
15
Businesses
61
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 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52347, Victor, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 616 (100%) |
| Owner Occupied HU | 452 (73.4%) |
| Renter Occupied HU | 115 (18.7%) |
| Vacant Housing Units | 49 ( 8.0%) |
| Median Home Value | $146,324 |
| Average Home Value | $241,444 |
Housing Distribution
Address Breakdown
Residential
355
Single Family
340
Multi-Family
15
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marie Hedlund • Patriot Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6322397
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.