425 E 1st StEarlhamIA50072
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 425 E 1st St, Earlham, IA, 50072 in Earlham at $220,000 earns $1,624/mo in rent and nets $195/mo after the $989/mo payment, a 8.86% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $60,782 over five years. Ziffy Mortgage underwrites this on a 1.64 DSCR without U.S. credit history. With $2,026/yr in principal paydown, total projected return reaches $95,822.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $195 | $350 |
City averages based on Earlham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,624 |
| Total Monthly Debt Service | $1,350 |
| DSCR Ratio | 1.20x |
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 1962
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50072, Earlham, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,108 (100%) |
| Owner Occupied HU | 875 (79.0%) |
| Renter Occupied HU | 176 (15.9%) |
| Vacant Housing Units | 57 ( 5.1%) |
| Median Home Value | $346,875 |
| Average Home Value | $406,426 |
Housing Distribution
Address Breakdown
Residential
1,005
Single Family
1,005
Multi-Family
0
Businesses
56
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
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50072, Earlham, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,108 (100%) |
| Owner Occupied HU | 875 (79.0%) |
| Renter Occupied HU | 176 (15.9%) |
| Vacant Housing Units | 57 ( 5.1%) |
| Median Home Value | $346,875 |
| Average Home Value | $406,426 |
Housing Distribution
Address Breakdown
Residential
1,005
Single Family
1,005
Multi-Family
0
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Steinick • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #720075
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.