606 Harvest Hills DrWoodbineIA51579
INVESTMENT ANALYSIS
Investment Verdict
Solid Income606 Harvest Hills Dr, Woodbine, IA, 51579 in Woodbine earns a respectable 8% gross yield at $415,000, but after the $1,866/mo mortgage the net cash flow is $71/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.48) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $114,657 over five years, making equity the dominant return driver. Total projected return: $162,471.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 8.0% |
| Monthly Cash Flow | $71 | $300 |
City averages based on Woodbine market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,766 |
| Total Monthly Debt Service | $2,530 |
| DSCR Ratio | 1.09x |
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 2025
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51579, Woodbine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,074 (100%) |
| Owner Occupied HU | 686 (63.9%) |
| Renter Occupied HU | 285 (26.5%) |
| Vacant Housing Units | 103 ( 9.6%) |
| Median Home Value | $201,799 |
| Average Home Value | $230,186 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
949
Multi-Family
57
Businesses
96
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 2025
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51579, Woodbine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,074 (100%) |
| Owner Occupied HU | 686 (63.9%) |
| Renter Occupied HU | 285 (26.5%) |
| Vacant Housing Units | 103 ( 9.6%) |
| Median Home Value | $201,799 |
| Average Home Value | $230,186 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
949
Multi-Family
57
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices