415 Park LnBarnumIA50518
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 415 Park Ln, Barnum, IA, 50518 in Barnum. Priced at $175,000, it generates $1,648/mo in gross rent and $511/mo in net monthly cash flow, a 11.3% yield that comfortably supports the 2.09 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,133. Five-year appreciation: $48,349. Equity from principal paydown: $1,612/yr. Total projected cumulative return: $99,489.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 5.5% |
| Monthly Cash Flow | $511 | $300 |
City averages based on Barnum market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,648 |
| Total Monthly Debt Service | $1,067 |
| DSCR Ratio | 1.54x |
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 N/A
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50518, Barnum, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 136 (100%) |
| Owner Occupied HU | 124 (91.2%) |
| Renter Occupied HU | 5 ( 3.7%) |
| Vacant Housing Units | 7 ( 5.1%) |
| Median Home Value | $289,286 |
| Average Home Value | $343,851 |
Housing Distribution
Address Breakdown
Residential
123
Single Family
123
Multi-Family
0
Businesses
6
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 N/A
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50518, Barnum, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 136 (100%) |
| Owner Occupied HU | 124 (91.2%) |
| Renter Occupied HU | 5 ( 3.7%) |
| Vacant Housing Units | 7 ( 5.1%) |
| Median Home Value | $289,286 |
| Average Home Value | $343,851 |
Housing Distribution
Address Breakdown
Residential
123
Single Family
123
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices