332 2nd StAtkinsIA52206
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 332 2nd St, Atkins, IA, 52206 in Atkins is a conservative rental investment at $134,000. Rental yield 6.93%. A 1.28 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $37,022; $1,234/yr in principal paydown supplements. Total projected return: $44,782.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 5.6% |
| Monthly Cash Flow | $(96) | $300 |
City averages based on Atkins market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $774 |
| Total Monthly Debt Service | $817 |
| DSCR Ratio | 0.95x |
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.
Multi Family
Built in 1910
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52206, Atkins, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 854 (85.7%) |
| Renter Occupied HU | 84 ( 8.4%) |
| Vacant Housing Units | 59 ( 5.9%) |
| Median Home Value | $306,997 |
| Average Home Value | $307,579 |
Housing Distribution
Address Breakdown
Residential
812
Single Family
804
Multi-Family
8
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
Multi Family
Built in 1910
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52206, Atkins, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 854 (85.7%) |
| Renter Occupied HU | 84 ( 8.4%) |
| Vacant Housing Units | 59 ( 5.9%) |
| Median Home Value | $306,997 |
| Average Home Value | $307,579 |
Housing Distribution
Address Breakdown
Residential
812
Single Family
804
Multi-Family
8
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices