402 Main StArcadiaIA51430
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 402 Main St, Arcadia, IA, 51430 in Arcadia: $923/mo in rent, $241/mo in net income, 10.55% gross yield, 1.96 DSCR, all at $105,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $29,010 in appreciation and $967/yr in principal paydown projects total cumulative return of $55,467.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $241 | $1,200 |
City averages based on Arcadia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $923 |
| Total Monthly Debt Service | $640 |
| DSCR Ratio | 1.44x |
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 1910
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51430, Arcadia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 261 (81.6%) |
| Renter Occupied HU | 40 (12.5%) |
| Vacant Housing Units | 19 ( 5.9%) |
| Median Home Value | $262,931 |
| Average Home Value | $290,642 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
265
Multi-Family
0
Businesses
20
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 1910
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51430, Arcadia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 261 (81.6%) |
| Renter Occupied HU | 40 (12.5%) |
| Vacant Housing Units | 19 ( 5.9%) |
| Median Home Value | $262,931 |
| Average Home Value | $290,642 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
265
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices