312 E 8th StLamoniIA50140
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow312 E 8th St, Lamoni, IA, 50140 in Lamoni is a top-tier cash-flow asset. At $120,000 it produces $1,336/mo in rent and $539/mo in net monthly income, a 13.36% gross rental yield. The DSCR of 2.47 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,471. Five-year appreciation adds $33,154, driving a total cumulative return of $80,433.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 6.2% |
| Monthly Cash Flow | $539 | $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 | $1,336 |
| Total Monthly Debt Service | $749 |
| DSCR Ratio | 1.78x |
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
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50140, Lamoni, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 530 (47.2%) |
| Renter Occupied HU | 338 (30.1%) |
| Vacant Housing Units | 254 (22.6%) |
| Median Home Value | $117,647 |
| Average Home Value | $169,165 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
845
Multi-Family
111
Businesses
92
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
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50140, Lamoni, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 530 (47.2%) |
| Renter Occupied HU | 338 (30.1%) |
| Vacant Housing Units | 254 (22.6%) |
| Median Home Value | $117,647 |
| Average Home Value | $169,165 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
845
Multi-Family
111
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices