3435 350th StFarnhamvilleIA50538
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 3435 350th St, Farnhamville, IA, 50538 in Farnhamville: $2,545/mo in rent, $662/mo net, 10.54% gross yield, all on a $289,900 acquisition. The 1.95 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $80,094 in value, and $2,670/yr in principal paydown steadily builds equity. Projected total cumulative return: $152,940.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.0% |
| Monthly Cash Flow | $662 | $200 |
City averages based on Farnhamville 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 | $2,545 |
| Total Monthly Debt Service | $1,767 |
| DSCR Ratio | 1.44x |
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 N/A
4.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50538, Farnhamville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 269 (100%) |
| Owner Occupied HU | 182 (67.7%) |
| Renter Occupied HU | 54 (20.1%) |
| Vacant Housing Units | 33 (12.3%) |
| Median Home Value | $150,000 |
| Average Home Value | $169,203 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
113
Multi-Family
0
Businesses
19
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 N/A
4.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50538, Farnhamville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 269 (100%) |
| Owner Occupied HU | 182 (67.7%) |
| Renter Occupied HU | 54 (20.1%) |
| Vacant Housing Units | 33 (12.3%) |
| Median Home Value | $150,000 |
| Average Home Value | $169,203 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
113
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Fort Dodge BOR
Mls ID: #30015