402 E Newago StRadcliffeIA50230
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Radcliffe rentals match the income profile of 402 E Newago St, Radcliffe, IA, 50230. Listed at $149,000, gross rent is $1,483/mo and net cash flow is $516/mo, a 11.95% yield well above national averages. DSCR 2.21 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $41,166 by year five with $1,372/yr in annual principal reduction, projecting $89,884 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 5.0% |
| Monthly Cash Flow | $516 | $300 |
City averages based on Radcliffe market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,483 |
| Total Monthly Debt Service | $908 |
| DSCR Ratio | 1.63x |
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 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50230, Radcliffe, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 489 (100%) |
| Owner Occupied HU | 351 (71.8%) |
| Renter Occupied HU | 76 (15.5%) |
| Vacant Housing Units | 62 (12.7%) |
| Median Home Value | $167,026 |
| Average Home Value | $206,553 |
Housing Distribution
Address Breakdown
Residential
334
Single Family
316
Multi-Family
18
Businesses
30
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 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50230, Radcliffe, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 489 (100%) |
| Owner Occupied HU | 351 (71.8%) |
| Renter Occupied HU | 76 (15.5%) |
| Vacant Housing Units | 62 (12.7%) |
| Median Home Value | $167,026 |
| Average Home Value | $206,553 |
Housing Distribution
Address Breakdown
Residential
334
Single Family
316
Multi-Family
18
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices