600 E 18th StAtlanticIA50022
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 600 E 18th St, Atlantic, IA, 50022 in Atlantic is narrow, $91/mo net on $1,549/mo rent after the $1,009/mo debt service, but the property operates at break-even-plus, not a loss. At $224,500 with a 8.28% yield, the long-run equity case via 5% appreciation ($62,025 over five years) and $2,068/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.54 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $91,312.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.5% |
| Monthly Cash Flow | $91 | $150 |
City averages based on Atlantic market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,549 |
| Total Monthly Debt Service | $1,369 |
| DSCR Ratio | 1.13x |
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 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50022, Atlantic, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,911 (100%) |
| Owner Occupied HU | 2,454 (62.7%) |
| Renter Occupied HU | 1,141 (29.2%) |
| Vacant Housing Units | 316 ( 8.1%) |
| Median Home Value | $167,337 |
| Average Home Value | $225,992 |
Housing Distribution
Address Breakdown
Residential
3,758
Single Family
3,386
Multi-Family
372
Businesses
430
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 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50022, Atlantic, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,911 (100%) |
| Owner Occupied HU | 2,454 (62.7%) |
| Renter Occupied HU | 1,141 (29.2%) |
| Vacant Housing Units | 316 ( 8.1%) |
| Median Home Value | $167,337 |
| Average Home Value | $225,992 |
Housing Distribution
Address Breakdown
Residential
3,758
Single Family
3,386
Multi-Family
372
Businesses
430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices