400 Head StChurdanIA50050
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 400 Head St, Churdan, IA, 50050 in Churdan is a conservative rental investment at $269,900. Rental yield 6.37%. A 1.18 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $74,568; $2,486/yr in principal paydown supplements. Total projected return: $82,076.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 7.0% |
| Monthly Cash Flow | $(321) | $300 |
City averages based on Churdan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,432 |
| Total Monthly Debt Service | $1,645 |
| DSCR Ratio | 0.87x |
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 1920
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50050, Churdan, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 322 (100%) |
| Owner Occupied HU | 216 (67.1%) |
| Renter Occupied HU | 56 (17.4%) |
| Vacant Housing Units | 50 (15.5%) |
| Median Home Value | $167,593 |
| Average Home Value | $229,549 |
Housing Distribution
Address Breakdown
Residential
217
Single Family
217
Multi-Family
0
Businesses
14
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 1920
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50050, Churdan, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 322 (100%) |
| Owner Occupied HU | 216 (67.1%) |
| Renter Occupied HU | 56 (17.4%) |
| Vacant Housing Units | 50 (15.5%) |
| Median Home Value | $167,593 |
| Average Home Value | $229,549 |
Housing Distribution
Address Breakdown
Residential
217
Single Family
217
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices