31254 Yale AveNew HartfordIA50660
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 31254 Yale Ave, New Hartford, IA, 50660 in New Hartford. Rental yield 5.18%. At $367,000 with 5.18% gross yield, current distributions are modest, but the 5% appreciation rate projects $101,395 in new equity by year five, complemented by $3,380/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.96) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $88,281.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 6.2% |
| Monthly Cash Flow | $(798) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,585 |
| Total Monthly Debt Service | $2,237 |
| DSCR Ratio | 0.71x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2023
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50660, New Hartford, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 562 (100%) |
| Owner Occupied HU | 430 (76.5%) |
| Renter Occupied HU | 96 (17.1%) |
| Vacant Housing Units | 36 ( 6.4%) |
| Median Home Value | $226,087 |
| Average Home Value | $246,872 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
18
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 2023
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50660, New Hartford, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 562 (100%) |
| Owner Occupied HU | 430 (76.5%) |
| Renter Occupied HU | 96 (17.1%) |
| Vacant Housing Units | 36 ( 6.4%) |
| Median Home Value | $226,087 |
| Average Home Value | $246,872 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Northeast Iowa Regional BOR as distributed by MLS GRID
Mls Provider:
Mls ID: #20263869