30829 220th AveDavis CityIA50065
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 30829 220th Ave, Davis City, IA, 50065 in Davis City is priced for capital growth, not immediate cash flow. The $429,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $118,525 by year five, with $3,951/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Davis City market data in our database. Property projections are estimates.
Single Family
Built in 1972
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50065, Davis City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 285 (100%) |
| Owner Occupied HU | 170 (59.6%) |
| Renter Occupied HU | 47 (16.5%) |
| Vacant Housing Units | 68 (23.9%) |
| Median Home Value | $155,000 |
| Average Home Value | $229,471 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1972
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50065, Davis City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 285 (100%) |
| Owner Occupied HU | 170 (59.6%) |
| Renter Occupied HU | 47 (16.5%) |
| Vacant Housing Units | 68 (23.9%) |
| Median Home Value | $155,000 |
| Average Home Value | $229,471 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6336021