400th AvePrestonIA52069
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 400th Ave, Preston, IA, 52069 in Preston is capital appreciation. Rental yield 0.57%. The 0.57% gross yield at $1,701,649 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $470,134 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.11) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.6% | 6.5% |
| Monthly Cash Flow | $(10,241) | $300 |
City averages based on Preston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $810 |
| Total Monthly Debt Service | $10,374 |
| DSCR Ratio | 0.08x |
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 N/A
171.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52069, Preston, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 684 (100%) |
| Owner Occupied HU | 506 (74.0%) |
| Renter Occupied HU | 138 (20.2%) |
| Vacant Housing Units | 40 ( 5.8%) |
| Median Home Value | $185,648 |
| Average Home Value | $267,036 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
424
Multi-Family
0
Businesses
57
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 N/A
171.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52069, Preston, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 684 (100%) |
| Owner Occupied HU | 506 (74.0%) |
| Renter Occupied HU | 138 (20.2%) |
| Vacant Housing Units | 40 ( 5.8%) |
| Median Home Value | $185,648 |
| Average Home Value | $267,036 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
424
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices