340 Austin StRockwell CityIA50579
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 340 Austin St, Rockwell City, IA, 50579 in Rockwell City earns a 10.82% gross yield at $130,000. Rent of $1,172/mo nets $328/mo after the $616/mo mortgage. The 1.90 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $35,917 and $1,090/yr in equity accumulation project a total cumulative return of $68,114.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.0% |
| Monthly Cash Flow | $328 | $150 |
City averages based on Rockwell City market data in our database. Property projections are estimates.
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 | $1,172 |
| Total Monthly Debt Service | $824 |
| DSCR Ratio | 1.42x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50579, Rockwell City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,241 (100%) |
| Owner Occupied HU | 811 (65.4%) |
| Renter Occupied HU | 220 (17.7%) |
| Vacant Housing Units | 210 (16.9%) |
| Median Home Value | $114,366 |
| Average Home Value | $186,107 |
Housing Distribution
Address Breakdown
Residential
1,067
Single Family
975
Multi-Family
92
Businesses
116
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Fort Dodge BOR
Mls Provider:
Mls ID: #30205
