420 S Ontario StPomeroyIA50575
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 420 S Ontario St, Pomeroy, IA, 50575 in Pomeroy delivers $1,366/mo in gross rent and $425/mo in net monthly income at a $144,900 entry. The 11.31% yield and 2.10 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $40,033 over five years and $1,335/yr in equity from loan paydown, total projected return is $82,513.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.0% |
| Monthly Cash Flow | $425 | $5,000 |
City averages based on Pomeroy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,366 |
| Total Monthly Debt Service | $883 |
| DSCR Ratio | 1.55x |
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
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50575, Pomeroy, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 413 (100%) |
| Owner Occupied HU | 290 (70.2%) |
| Renter Occupied HU | 56 (13.6%) |
| Vacant Housing Units | 67 (16.2%) |
| Median Home Value | $83,750 |
| Average Home Value | $175,698 |
Housing Distribution
Address Breakdown
Residential
259
Single Family
250
Multi-Family
9
Businesses
22
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
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50575, Pomeroy, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 413 (100%) |
| Owner Occupied HU | 290 (70.2%) |
| Renter Occupied HU | 56 (13.6%) |
| Vacant Housing Units | 67 (16.2%) |
| Median Home Value | $83,750 |
| Average Home Value | $175,698 |
Housing Distribution
Address Breakdown
Residential
259
Single Family
250
Multi-Family
9
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices