450 Hickory CtRobinsIA52328
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 450 Hickory Ct, Robins, IA, 52328 in Robins is a conservative rental investment at $635,000. Rental yield 6.61%. A 1.22 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $175,439; $5,848/yr in principal paydown supplements. Total projected return: $201,161.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.0% |
| Monthly Cash Flow | $(630) | $200 |
City averages based on Robins market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,497 |
| Total Monthly Debt Service | $3,874 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2005
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52328, Robins, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 992 (91.9%) |
| Renter Occupied HU | 44 ( 4.1%) |
| Vacant Housing Units | 43 ( 4.0%) |
| Median Home Value | $346,686 |
| Average Home Value | $379,945 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,138
Multi-Family
30
Businesses
21
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 2005
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52328, Robins, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 992 (91.9%) |
| Renter Occupied HU | 44 ( 4.1%) |
| Vacant Housing Units | 43 ( 4.0%) |
| Median Home Value | $346,686 |
| Average Home Value | $379,945 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,138
Multi-Family
30
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra Callahan • RE/MAX CONCEPTS
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2602109
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.