603 S Broadway AveWest BendIA50597
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 603 S Broadway Ave, West Bend, IA, 50597 in West Bend is straightforward: $179,000 in, $1,414/mo in rent, $251/mo out after debt service. The 9.48% gross yield and 1.76 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $49,454 by year five. With $1,649/yr in principal equity, the total cumulative return is projected at $84,315.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $251 | $300 |
City averages based on West Bend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,414 |
| Total Monthly Debt Service | $1,091 |
| DSCR Ratio | 1.30x |
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
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50597, West Bend, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 556 (100%) |
| Owner Occupied HU | 421 (75.7%) |
| Renter Occupied HU | 93 (16.7%) |
| Vacant Housing Units | 42 ( 7.6%) |
| Median Home Value | $177,404 |
| Average Home Value | $240,125 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
270
Multi-Family
34
Businesses
71
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
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50597, West Bend, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 556 (100%) |
| Owner Occupied HU | 421 (75.7%) |
| Renter Occupied HU | 93 (16.7%) |
| Vacant Housing Units | 42 ( 7.6%) |
| Median Home Value | $177,404 |
| Average Home Value | $240,125 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
270
Multi-Family
34
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Yegge • EXIT Realty Home/Land Properties
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6323349
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.