321 Ramsey StWest BurlingtonIA52655
INVESTMENT ANALYSIS
Investment Verdict
Solid Income321 Ramsey St, West Burlington, IA, 52655 in West Burlington is a solid income-producing rental, 9.45% gross yield, $1,457/mo rent, $256/mo net cash flow on a $184,900 buy. DSCR 1.75 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $51,084 and $1,703/yr in principal reduction project a total cumulative return of $86,912.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $256 | $300 |
City averages based on West Burlington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,457 |
| Total Monthly Debt Service | $1,127 |
| DSCR Ratio | 1.29x |
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
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52655, West Burlington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,115 (100%) |
| Owner Occupied HU | 1,343 (63.5%) |
| Renter Occupied HU | 549 (26.0%) |
| Vacant Housing Units | 223 (10.5%) |
| Median Home Value | $186,071 |
| Average Home Value | $255,201 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,761
Multi-Family
186
Businesses
302
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
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52655, West Burlington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,115 (100%) |
| Owner Occupied HU | 1,343 (63.5%) |
| Renter Occupied HU | 549 (26.0%) |
| Vacant Housing Units | 223 (10.5%) |
| Median Home Value | $186,071 |
| Average Home Value | $255,201 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,761
Multi-Family
186
Businesses
302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A