307 8th StVan HorneIA52346
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 307 8th St, Van Horne, IA, 52346 in Van Horne: $1,616/mo in rent, $324/mo in net income, 9.75% gross yield, 1.81 DSCR, all at $199,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $54,980 in appreciation and $1,833/yr in principal paydown projects total cumulative return of $96,558.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $324 | $250 |
City averages based on Van Horne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,616 |
| Total Monthly Debt Service | $1,213 |
| DSCR Ratio | 1.33x |
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 1966
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52346, Van Horne, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 371 (74.5%) |
| Renter Occupied HU | 97 (19.5%) |
| Vacant Housing Units | 30 ( 6.0%) |
| Median Home Value | $198,897 |
| Average Home Value | $234,805 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
311
Multi-Family
25
Businesses
38
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 1966
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52346, Van Horne, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 371 (74.5%) |
| Renter Occupied HU | 97 (19.5%) |
| Vacant Housing Units | 30 ( 6.0%) |
| Median Home Value | $198,897 |
| Average Home Value | $234,805 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
311
Multi-Family
25
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices