509 King StEmersonIA51533
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow509 King St, Emerson, IA, 51533 in Emerson is a top-tier cash-flow asset. At $155,000 it produces $1,721/mo in rent and $714/mo in net monthly income, a 13.32% gross rental yield. The DSCR of 2.47 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $8,570. Five-year appreciation adds $42,824, driving a total cumulative return of $104,946.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.3% | 6.0% |
| Monthly Cash Flow | $714 | $250 |
City averages based on Emerson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,721 |
| Total Monthly Debt Service | $945 |
| DSCR Ratio | 1.82x |
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 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51533, Emerson, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 280 (71.6%) |
| Renter Occupied HU | 45 (11.5%) |
| Vacant Housing Units | 66 (16.9%) |
| Median Home Value | $203,448 |
| Average Home Value | $248,884 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
33
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 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51533, Emerson, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 280 (71.6%) |
| Renter Occupied HU | 45 (11.5%) |
| Vacant Housing Units | 66 (16.9%) |
| Median Home Value | $203,448 |
| Average Home Value | $248,884 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices