405 Powells StCrescentIA51526
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.42% yield at 405 Powells St, Crescent, IA, 51526 in Crescent is solid, but the $1,371/mo payment compresses net cash flow to $160/mo at $305,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $84,266 by year five, and $2,809/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.56) without U.S. income documentation. Total projected return: $126,386.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.0% |
| Monthly Cash Flow | $160 | $300 |
City averages based on Crescent 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 | $2,141 |
| Total Monthly Debt Service | $1,859 |
| DSCR Ratio | 1.15x |
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 1966
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51526, Crescent, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 775 (100%) |
| Owner Occupied HU | 647 (83.5%) |
| Renter Occupied HU | 75 ( 9.7%) |
| Vacant Housing Units | 53 ( 6.8%) |
| Median Home Value | $344,750 |
| Average Home Value | $383,566 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
623
Multi-Family
1
Businesses
45
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 1966
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51526, Crescent, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 775 (100%) |
| Owner Occupied HU | 647 (83.5%) |
| Renter Occupied HU | 75 ( 9.7%) |
| Vacant Housing Units | 53 ( 6.8%) |
| Median Home Value | $344,750 |
| Average Home Value | $383,566 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
623
Multi-Family
1
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices