608 Cross StLynnvilleIA50153
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $100,000, 608 Cross St, Lynnville, IA, 50153 in Lynnville generates $753/mo in rent (9.34% yield) but nets only $129/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.67) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $27,628. Total projected return: $44,693.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $129 | $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 | $753 |
| Total Monthly Debt Service | $610 |
| DSCR Ratio | 1.24x |
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 1910
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50153, Lynnville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 238 (77.3%) |
| Renter Occupied HU | 52 (16.9%) |
| Vacant Housing Units | 18 ( 5.8%) |
| Median Home Value | $219,000 |
| Average Home Value | $250,294 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
227
Multi-Family
0
Businesses
30
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 1910
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50153, Lynnville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 238 (77.3%) |
| Renter Occupied HU | 52 (16.9%) |
| Vacant Housing Units | 18 ( 5.8%) |
| Median Home Value | $219,000 |
| Average Home Value | $250,294 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
227
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Savannah Savage • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #715806
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.