407 W Newton StEdgewoodIA52042
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Edgewood rental at 407 W Newton St, Edgewood, IA, 52042 sits in the solid-income band: 10.18% gross yield, $1,696/mo rent, $397/mo net after the $899/mo debt service, DSCR 1.89. Entry price of $199,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $55,229 and $1,841/yr in principal reduction bring total cumulative return to $101,690.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.0% |
| Monthly Cash Flow | $397 | $300 |
City averages based on Edgewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,696 |
| Total Monthly Debt Service | $1,219 |
| DSCR Ratio | 1.39x |
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 2019
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52042, Edgewood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 532 (71.1%) |
| Renter Occupied HU | 131 (17.5%) |
| Vacant Housing Units | 85 (11.4%) |
| Median Home Value | $204,464 |
| Average Home Value | $289,732 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
67
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 2019
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52042, Edgewood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 532 (71.1%) |
| Renter Occupied HU | 131 (17.5%) |
| Vacant Housing Units | 85 (11.4%) |
| Median Home Value | $204,464 |
| Average Home Value | $289,732 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices