35A Doe AveDrakesvilleIA52552
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 35A Doe Ave, Drakesville, IA, 52552 in Drakesville is priced for capital growth, not immediate cash flow. The $259,500 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $71,695 by year five, with $2,390/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Drakesville market data in our database. Property projections are estimates.
Single Family
Built in N/A
35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52552, Drakesville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 340 (100%) |
| Owner Occupied HU | 246 (72.4%) |
| Renter Occupied HU | 45 (13.2%) |
| Vacant Housing Units | 49 (14.4%) |
| Median Home Value | $194,643 |
| Average Home Value | $256,331 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52552, Drakesville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 340 (100%) |
| Owner Occupied HU | 246 (72.4%) |
| Renter Occupied HU | 45 (13.2%) |
| Vacant Housing Units | 49 (14.4%) |
| Median Home Value | $194,643 |
| Average Home Value | $256,331 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: A.J. Brown • Davis County Realtors
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6333556