400 W Marion StSigourneyIA52591
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 400 W Marion St, Sigourney, IA, 52591 in Sigourney delivers $1,307/mo in gross rent and $430/mo in net monthly income at a $135,000 entry. The 11.62% yield and 2.15 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $37,298 over five years and $1,243/yr in equity from loan paydown, total projected return is $79,058.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.0% |
| Monthly Cash Flow | $430 | $250 |
City averages based on Sigourney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,307 |
| Total Monthly Debt Service | $823 |
| DSCR Ratio | 1.59x |
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 1968
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52591, Sigourney, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 923 (67.8%) |
| Renter Occupied HU | 320 (23.5%) |
| Vacant Housing Units | 119 ( 8.7%) |
| Median Home Value | $158,036 |
| Average Home Value | $217,898 |
Housing Distribution
Address Breakdown
Residential
1,252
Single Family
1,219
Multi-Family
33
Businesses
166
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 1968
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52591, Sigourney, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 923 (67.8%) |
| Renter Occupied HU | 320 (23.5%) |
| Vacant Housing Units | 119 ( 8.7%) |
| Median Home Value | $158,036 |
| Average Home Value | $217,898 |
Housing Distribution
Address Breakdown
Residential
1,252
Single Family
1,219
Multi-Family
33
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jody Trenary • RE/MAX Pride-Ottumwa
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329468
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.