615 4th St SAlbert CityIA50510
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 615 4th St S, Albert City, IA, 50510 in Albert City. At $124,900 it earns $1,254/mo in rent and distributes $443/mo to the owner after the $562/mo payment, a consistent 12.05% yield. DSCR 2.23 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $34,508 in value; $1,150/yr in principal paydown compounds ownership stake. Total projected return: $76,042.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 6.2% |
| Monthly Cash Flow | $443 | $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 | $1,254 |
| Total Monthly Debt Service | $761 |
| DSCR Ratio | 1.65x |
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 1976
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50510, Albert City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 494 (100%) |
| Owner Occupied HU | 346 (70.0%) |
| Renter Occupied HU | 89 (18.0%) |
| Vacant Housing Units | 59 (11.9%) |
| Median Home Value | $112,500 |
| Average Home Value | $203,815 |
Housing Distribution
Address Breakdown
Residential
338
Single Family
334
Multi-Family
4
Businesses
34
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 1976
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50510, Albert City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 494 (100%) |
| Owner Occupied HU | 346 (70.0%) |
| Renter Occupied HU | 89 (18.0%) |
| Vacant Housing Units | 59 (11.9%) |
| Median Home Value | $112,500 |
| Average Home Value | $203,815 |
Housing Distribution
Address Breakdown
Residential
338
Single Family
334
Multi-Family
4
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices