32049 285th StRichlandIA52585
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingThere's a case for owning boring assets in strong markets. Rental yield 6.27%. It won't spike overnight, but it will produce quarter after quarter of U.S. dollar income with long-run appreciation. Ziffy Mortgage's DSCR loan removes U.S. income documentation barriers for non-residents. Five-year appreciation of $172,538 and $5,752/yr in equity build project total return of $186,614.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 7.0% |
| Monthly Cash Flow | $(793) | $300 |
City averages based on Richland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,263 |
| Total Monthly Debt Service | $3,807 |
| DSCR Ratio | 0.86x |
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 2006
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52585, Richland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 411 (100%) |
| Owner Occupied HU | 308 (74.9%) |
| Renter Occupied HU | 67 (16.3%) |
| Vacant Housing Units | 36 ( 8.8%) |
| Median Home Value | $214,815 |
| Average Home Value | $294,123 |
Housing Distribution
Address Breakdown
Residential
344
Single Family
344
Multi-Family
0
Businesses
36
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 2006
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52585, Richland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 411 (100%) |
| Owner Occupied HU | 308 (74.9%) |
| Renter Occupied HU | 67 (16.3%) |
| Vacant Housing Units | 36 ( 8.8%) |
| Median Home Value | $214,815 |
| Average Home Value | $294,123 |
Housing Distribution
Address Breakdown
Residential
344
Single Family
344
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Dunbar • Fairfield Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6319613
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.