619 Tracy StAudubonIA50025
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 619 Tracy St, Audubon, IA, 50025 in Audubon. Priced at $117,500, it generates $1,304/mo in gross rent and $541/mo in net monthly cash flow, a 13.32% yield that comfortably supports the 2.47 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,496. Five-year appreciation: $32,463. Equity from principal paydown: $1,082/yr. Total projected cumulative return: $79,540.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.3% | 7.0% |
| Monthly Cash Flow | $541 | $400 |
City averages based on Audubon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,304 |
| Total Monthly Debt Service | $716 |
| DSCR Ratio | 1.82x |
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
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50025, Audubon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,535 (100%) |
| Owner Occupied HU | 1,088 (70.9%) |
| Renter Occupied HU | 264 (17.2%) |
| Vacant Housing Units | 183 (11.9%) |
| Median Home Value | $134,211 |
| Average Home Value | $237,137 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,354
Multi-Family
12
Businesses
155
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
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50025, Audubon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,535 (100%) |
| Owner Occupied HU | 1,088 (70.9%) |
| Renter Occupied HU | 264 (17.2%) |
| Vacant Housing Units | 183 (11.9%) |
| Median Home Value | $134,211 |
| Average Home Value | $237,137 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,354
Multi-Family
12
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Molly Christensen • Audubon Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328365
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.