502 1/2 Crestview DrLe GrandIA50142
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 502 1/2 Crestview Dr, Le Grand, IA, 50142 in Le Grand the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $174,900 price is below income-first thresholds, but 5%/yr value growth projects $48,322 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Condo
Built in 2004
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50142, Le Grand, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 279 (72.5%) |
| Renter Occupied HU | 85 (22.1%) |
| Vacant Housing Units | 21 ( 5.5%) |
| Median Home Value | $154,167 |
| Average Home Value | $151,299 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Condo
Built in 2004
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50142, Le Grand, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 279 (72.5%) |
| Renter Occupied HU | 85 (22.1%) |
| Vacant Housing Units | 21 ( 5.5%) |
| Median Home Value | $154,167 |
| Average Home Value | $151,299 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices