615 Lexington StCarlisleIA50047
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe headline number at 615 Lexington St, Carlisle, IA, 50047 in Carlisle is the 2.36 coverage ratio: rent of $1,434/mo versus a $607/mo debt payment on a $135,000 property. Rental yield 7.24%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $37,298 by year five, with $1,243/yr in equity from paydown. Total projected cumulative return: $85,190.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 7.0% |
| Monthly Cash Flow | $(112) | $400 |
City averages based on Carlisle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,434 |
| Total Monthly Debt Service | $858 |
| DSCR Ratio | 1.67x |
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 1959
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50047, Carlisle, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 2,023 (77.9%) |
| Renter Occupied HU | 419 (16.1%) |
| Vacant Housing Units | 156 ( 6.0%) |
| Median Home Value | $240,355 |
| Average Home Value | $278,827 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,339
Multi-Family
92
Businesses
159
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 1959
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50047, Carlisle, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 2,023 (77.9%) |
| Renter Occupied HU | 419 (16.1%) |
| Vacant Housing Units | 156 ( 6.0%) |
| Median Home Value | $240,355 |
| Average Home Value | $278,827 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,339
Multi-Family
92
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices