606 Hubbell StMadridIA50243
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow606 Hubbell St, Madrid, IA, 50243 in Madrid is a top-tier cash-flow asset. At $182,000 it produces $1,958/mo in rent and $776/mo in net monthly income, a 12.91% gross rental yield. The DSCR of 2.39 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $9,317. Five-year appreciation adds $50,283, driving a total cumulative return of $119,224.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 6.2% |
| Monthly Cash Flow | $776 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,958 |
| Total Monthly Debt Service | $1,110 |
| DSCR Ratio | 1.76x |
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 2004
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50243, Sheldahl, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 125 (100%) |
| Owner Occupied HU | 108 (86.4%) |
| Renter Occupied HU | 12 ( 9.6%) |
| Vacant Housing Units | 5 ( 4.0%) |
| Median Home Value | $329,630 |
| Average Home Value | $320,949 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
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 2004
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50243, Sheldahl, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 125 (100%) |
| Owner Occupied HU | 108 (86.4%) |
| Renter Occupied HU | 12 ( 9.6%) |
| Vacant Housing Units | 5 ( 4.0%) |
| Median Home Value | $329,630 |
| Average Home Value | $320,949 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Real Estate Team, Jennings • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #67292
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.