414 Center StLime SpringsIA52155
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 414 Center St, Lime Springs, IA, 52155 in Lime Springs. Priced at $249,500, it generates $2,440/mo in gross rent and $804/mo in net monthly cash flow, a 11.73% yield that comfortably supports the 2.17 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,653. Five-year appreciation: $68,932. Equity from principal paydown: $2,298/yr. Total projected cumulative return: $146,837.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.2% |
| Monthly Cash Flow | $804 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,440 |
| Total Monthly Debt Service | $1,536 |
| DSCR Ratio | 1.59x |
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 1980
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52155, Lime Springs, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 523 (100%) |
| Owner Occupied HU | 382 (73.0%) |
| Renter Occupied HU | 86 (16.4%) |
| Vacant Housing Units | 55 (10.5%) |
| Median Home Value | $201,136 |
| Average Home Value | $257,526 |
Housing Distribution
Address Breakdown
Residential
524
Single Family
509
Multi-Family
15
Businesses
36
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 1980
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52155, Lime Springs, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 523 (100%) |
| Owner Occupied HU | 382 (73.0%) |
| Renter Occupied HU | 86 (16.4%) |
| Vacant Housing Units | 55 (10.5%) |
| Median Home Value | $201,136 |
| Average Home Value | $257,526 |
Housing Distribution
Address Breakdown
Residential
524
Single Family
509
Multi-Family
15
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A