409 Oak StRowleyIA52329
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play409 Oak St, Rowley, IA, 52329 in Rowley is priced for appreciation, not yield. Rental yield 5.18%. At $289,900 with a 5.18% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $80,094 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.97) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $70,500.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 6.0% |
| Monthly Cash Flow | $(631) | $250 |
City averages based on Rowley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,264 |
| Total Monthly Debt Service | $1,767 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1962
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52329, Rowley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 299 (82.4%) |
| Renter Occupied HU | 27 ( 7.4%) |
| Vacant Housing Units | 37 (10.2%) |
| Median Home Value | $205,625 |
| Average Home Value | $240,970 |
Housing Distribution
Address Breakdown
Residential
262
Single Family
262
Multi-Family
0
Businesses
13
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 1962
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52329, Rowley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 299 (82.4%) |
| Renter Occupied HU | 27 ( 7.4%) |
| Vacant Housing Units | 37 (10.2%) |
| Median Home Value | $205,625 |
| Average Home Value | $240,970 |
Housing Distribution
Address Breakdown
Residential
262
Single Family
262
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Michael • Johnson Real Estate
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503841
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.