435 Niebel StFarnhamvilleIA50538
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 435 Niebel St, Farnhamville, IA, 50538 in Farnhamville: $1,444/mo in rent, $651/mo net, 14.2% gross yield, all on a $122,000 acquisition. The 2.63 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $33,706 in value, and $1,124/yr in principal paydown steadily builds equity. Projected total cumulative return: $88,350.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 6.0% |
| Monthly Cash Flow | $651 | $200 |
City averages based on Farnhamville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,444 |
| Total Monthly Debt Service | $744 |
| DSCR Ratio | 1.94x |
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 1968
9,800 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50538, Farnhamville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 269 (100%) |
| Owner Occupied HU | 182 (67.7%) |
| Renter Occupied HU | 54 (20.1%) |
| Vacant Housing Units | 33 (12.3%) |
| Median Home Value | $150,000 |
| Average Home Value | $169,203 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
113
Multi-Family
0
Businesses
19
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 1968
9,800 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50538, Farnhamville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 269 (100%) |
| Owner Occupied HU | 182 (67.7%) |
| Renter Occupied HU | 54 (20.1%) |
| Vacant Housing Units | 33 (12.3%) |
| Median Home Value | $150,000 |
| Average Home Value | $169,203 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
113
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Eighmy • Jefferson Iowa Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6330553
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.