34924 320th StRuthvenIA51358
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play34924 320th St, Ruthven, IA, 51358 in Ruthven is priced for appreciation, not yield. Rental yield 2.13%. At $675,000 with a 2.13% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $186,490 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.40) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $51,900.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.1% | 7.5% |
| Monthly Cash Flow | $(3,185) | $500 |
City averages based on Ruthven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,199 |
| Total Monthly Debt Service | $4,115 |
| DSCR Ratio | 0.29x |
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.
Single Family
Built in 1989
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51358, Ruthven, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 452 (56.3%) |
| Renter Occupied HU | 104 (13.0%) |
| Vacant Housing Units | 247 (30.8%) |
| Median Home Value | $153,704 |
| Average Home Value | $207,190 |
Housing Distribution
Address Breakdown
Residential
342
Single Family
332
Multi-Family
10
Businesses
39
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 1989
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51358, Ruthven, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 452 (56.3%) |
| Renter Occupied HU | 104 (13.0%) |
| Vacant Housing Units | 247 (30.8%) |
| Median Home Value | $153,704 |
| Average Home Value | $207,190 |
Housing Distribution
Address Breakdown
Residential
342
Single Family
332
Multi-Family
10
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices