311 W Church StGilmanIA50106
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 311 W Church St, Gilman, IA, 50106 in Gilman deserves attention. This $120,000 property earns $1,579/mo in rent, a 15.79% gross yield, and nets $800/mo after the $540/mo payment. DSCR 2.92 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $33,154 compounds alongside $1,105/yr in yearly equity build, for a total cumulative return of $97,089.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 15.8% | 6.2% |
| Monthly Cash Flow | $800 | $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 | $1,579 |
| Total Monthly Debt Service | $732 |
| DSCR Ratio | 2.16x |
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 1916
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50106, Gilman, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 339 (72.6%) |
| Renter Occupied HU | 92 (19.7%) |
| Vacant Housing Units | 36 ( 7.7%) |
| Median Home Value | $159,052 |
| Average Home Value | $213,142 |
Housing Distribution
Address Breakdown
Residential
359
Single Family
359
Multi-Family
0
Businesses
17
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 1916
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50106, Gilman, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 339 (72.6%) |
| Renter Occupied HU | 92 (19.7%) |
| Vacant Housing Units | 36 ( 7.7%) |
| Median Home Value | $159,052 |
| Average Home Value | $213,142 |
Housing Distribution
Address Breakdown
Residential
359
Single Family
359
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha Vance • 1st Rate Real Estate
Mls Name: CIBR
Mls Provider:
Mls ID: #67598
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.