401 Cedar StDumontIA50625
INVESTMENT ANALYSIS
Investment Verdict
Solid Income401 Cedar St, Dumont, IA, 50625 in Dumont is a solid income-producing rental, 9.68% gross yield, $1,372/mo rent, $268/mo net cash flow on a $170,000 buy. DSCR 1.80 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $46,968 and $1,566/yr in principal reduction project a total cumulative return of $81,948.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.0% |
| Monthly Cash Flow | $268 | $300 |
City averages based on Dumont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,372 |
| Total Monthly Debt Service | $1,036 |
| DSCR Ratio | 1.32x |
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 1977
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50625, Dumont, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 437 (100%) |
| Owner Occupied HU | 320 (73.2%) |
| Renter Occupied HU | 74 (16.9%) |
| Vacant Housing Units | 43 ( 9.8%) |
| Median Home Value | $81,429 |
| Average Home Value | $115,906 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
238
Multi-Family
0
Businesses
22
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 1977
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50625, Dumont, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 437 (100%) |
| Owner Occupied HU | 320 (73.2%) |
| Renter Occupied HU | 74 (16.9%) |
| Vacant Housing Units | 43 ( 9.8%) |
| Median Home Value | $81,429 |
| Average Home Value | $115,906 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
238
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn A Plendl • Abbott Realty Inc
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327174
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.