618 7th AveCamancheIA52730
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 618 7th Ave, Camanche, IA, 52730 in Camanche worth modelling. At $119,900 with a 9.55% gross yield, the $954/mo rent leaves $175/mo after the $539/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.77 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $33,126 by year five; $1,104/yr in principal reduction adds further equity. Total projected return: $56,964.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.0% |
| Monthly Cash Flow | $175 | $150 |
City averages based on Camanche market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $954 |
| Total Monthly Debt Service | $731 |
| DSCR Ratio | 1.31x |
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 1948
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52730, Camanche, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,283 (100%) |
| Owner Occupied HU | 1,693 (74.2%) |
| Renter Occupied HU | 442 (19.4%) |
| Vacant Housing Units | 148 ( 6.5%) |
| Median Home Value | $191,877 |
| Average Home Value | $244,709 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,253
Multi-Family
26
Businesses
99
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 1948
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52730, Camanche, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,283 (100%) |
| Owner Occupied HU | 1,693 (74.2%) |
| Renter Occupied HU | 442 (19.4%) |
| Vacant Housing Units | 148 ( 6.5%) |
| Median Home Value | $191,877 |
| Average Home Value | $244,709 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,253
Multi-Family
26
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Case • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261764
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.