401 Madison StSteamboat RockIA50672
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 401 Madison St, Steamboat Rock, IA, 50672 in Steamboat Rock is priced for capital growth, not immediate cash flow. The $179,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $49,703 by year five, with $1,657/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% | 7.5% |
| Monthly Cash Flow | $0 | $5,000 |
City averages based on Steamboat Rock market data in our database. Property projections are estimates.
Single Family
Built in 1975
0.50 Acres lot
$N/A/sqft
No HOA
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No similar rental properties found nearby.
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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 1975
0.50 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Gabrielle Mitchell • Oakridge Real Estate
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6333644