35373 L AveEarlhamIA50072
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 35373 L Ave, Earlham, IA, 50072 in Earlham is listed at $515,000 and delivers $3,894/mo in rent and $549/mo in net monthly cash flow. The 9.07% yield and 1.68 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $142,285 over five years, and $4,743/yr in principal reduction supplements cash return. Total projected cumulative return: $231,273.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $549 | $350 |
City averages based on Earlham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,894 |
| Total Monthly Debt Service | $3,140 |
| DSCR Ratio | 1.24x |
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 2007
3.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50072, Earlham, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,108 (100%) |
| Owner Occupied HU | 875 (79.0%) |
| Renter Occupied HU | 176 (15.9%) |
| Vacant Housing Units | 57 ( 5.1%) |
| Median Home Value | $346,875 |
| Average Home Value | $406,426 |
Housing Distribution
Address Breakdown
Residential
1,005
Single Family
1,005
Multi-Family
0
Businesses
56
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 2007
3.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50072, Earlham, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,108 (100%) |
| Owner Occupied HU | 875 (79.0%) |
| Renter Occupied HU | 176 (15.9%) |
| Vacant Housing Units | 57 ( 5.1%) |
| Median Home Value | $346,875 |
| Average Home Value | $406,426 |
Housing Distribution
Address Breakdown
Residential
1,005
Single Family
1,005
Multi-Family
0
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices