603 E B St APT 1West LibertyIA52776
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow603 E B St APT 1, West Liberty, IA, 52776 in West Liberty is a solid income-producing rental, 13.94% gross yield, $1,393/mo rent, $490/mo net cash flow on a $119,900 buy. DSCR 2.58 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $33,126 and $1,104/yr in principal reduction project a total cumulative return of $77,700.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.9% | 5.0% |
| Monthly Cash Flow | $490 | $250 |
City averages based on West Liberty market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,393 |
| Total Monthly Debt Service | $856 |
| DSCR Ratio | 1.63x |
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.
Condo
Built in 1998
N/A lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52776, West Liberty, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,210 (64.3%) |
| Renter Occupied HU | 518 (27.5%) |
| Vacant Housing Units | 153 ( 8.1%) |
| Median Home Value | $206,771 |
| Average Home Value | $241,777 |
Housing Distribution
Address Breakdown
Residential
1,834
Single Family
1,671
Multi-Family
163
Businesses
149
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
Condo
Built in 1998
N/A lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52776, West Liberty, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,210 (64.3%) |
| Renter Occupied HU | 518 (27.5%) |
| Vacant Housing Units | 153 ( 8.1%) |
| Median Home Value | $206,771 |
| Average Home Value | $241,777 |
Housing Distribution
Address Breakdown
Residential
1,834
Single Family
1,671
Multi-Family
163
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices