502 7th StAplingtonIA50604
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 502 7th St, Aplington, IA, 50604 in Aplington. At $234,900 it earns $1,980/mo in rent and distributes $454/mo to the owner after the $1,056/mo payment, a consistent 10.11% yield. DSCR 1.88 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $64,899 in value; $2,163/yr in principal paydown compounds ownership stake. Total projected return: $118,679.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $454 | $300 |
City averages based on Aplington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,980 |
| Total Monthly Debt Service | $1,432 |
| DSCR Ratio | 1.38x |
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 1978
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50604, Aplington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 773 (100%) |
| Owner Occupied HU | 587 (75.9%) |
| Renter Occupied HU | 111 (14.4%) |
| Vacant Housing Units | 75 ( 9.7%) |
| Median Home Value | $209,615 |
| Average Home Value | $213,727 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
653
Multi-Family
14
Businesses
48
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 1978
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50604, Aplington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 773 (100%) |
| Owner Occupied HU | 587 (75.9%) |
| Renter Occupied HU | 111 (14.4%) |
| Vacant Housing Units | 75 ( 9.7%) |
| Median Home Value | $209,615 |
| Average Home Value | $213,727 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
653
Multi-Family
14
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices