3353 Delta AveBridgewaterIA50837
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 3353 Delta Ave, Bridgewater, IA, 50837 in Bridgewater. Rental yield 1.03%. At $1,717,055 with 1.03% gross yield, current distributions are modest, but the 5% appreciation rate projects $474,391 in new equity by year five, complemented by $15,814/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.19) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $30,988.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1% | 8.0% |
| Monthly Cash Flow | $(9,672) | $200 |
City averages based on Bridgewater market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,480 |
| Total Monthly Debt Service | $10,468 |
| DSCR Ratio | 0.14x |
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.
Home Type Unknown
Built in 1925
240 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50837, Bridgewater, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 106 (62.7%) |
| Renter Occupied HU | 23 (13.6%) |
| Vacant Housing Units | 40 (23.7%) |
| Median Home Value | $233,333 |
| Average Home Value | $297,712 |
Housing Distribution
Address Breakdown
Residential
117
Single Family
117
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Home Type Unknown
Built in 1925
240 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50837, Bridgewater, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 106 (62.7%) |
| Renter Occupied HU | 23 (13.6%) |
| Vacant Housing Units | 40 (23.7%) |
| Median Home Value | $233,333 |
| Average Home Value | $297,712 |
Housing Distribution
Address Breakdown
Residential
117
Single Family
117
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A