601 1st AveVan HorneIA52346
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow601 1st Ave, Van Horne, IA, 52346 in Van Horne is a top-tier cash-flow asset. At $169,000 it produces $1,805/mo in rent and $707/mo in net monthly income, a 12.82% gross rental yield. The DSCR of 2.38 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $8,487. Five-year appreciation adds $46,692, driving a total cumulative return of $109,843.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 6.0% |
| Monthly Cash Flow | $707 | $250 |
City averages based on Van Horne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,805 |
| Total Monthly Debt Service | $1,030 |
| DSCR Ratio | 1.75x |
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 1963
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52346, Van Horne, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 371 (74.5%) |
| Renter Occupied HU | 97 (19.5%) |
| Vacant Housing Units | 30 ( 6.0%) |
| Median Home Value | $198,897 |
| Average Home Value | $234,805 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
311
Multi-Family
25
Businesses
38
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 1963
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52346, Van Horne, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 371 (74.5%) |
| Renter Occupied HU | 97 (19.5%) |
| Vacant Housing Units | 30 ( 6.0%) |
| Median Home Value | $198,897 |
| Average Home Value | $234,805 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
311
Multi-Family
25
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Kaestner • IOWA REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406980
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.