621 Southview DrRockwellIA50469
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 621 Southview Dr, Rockwell, IA, 50469 in Rockwell. Priced at $202,000, it generates $2,056/mo in gross rent and $744/mo in net monthly cash flow, a 12.21% yield that comfortably supports the 2.26 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,925. Five-year appreciation: $55,809. Equity from principal paydown: $1,860/yr. Total projected cumulative return: $124,772.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 7.0% |
| Monthly Cash Flow | $744 | $300 |
City averages based on Rockwell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,056 |
| Total Monthly Debt Service | $1,232 |
| 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 1980
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50469, Rockwell, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 681 (100%) |
| Owner Occupied HU | 545 (80.0%) |
| Renter Occupied HU | 100 (14.7%) |
| Vacant Housing Units | 36 ( 5.3%) |
| Median Home Value | $205,597 |
| Average Home Value | $273,697 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
459
Multi-Family
0
Businesses
38
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 1980
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50469, Rockwell, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 681 (100%) |
| Owner Occupied HU | 545 (80.0%) |
| Renter Occupied HU | 100 (14.7%) |
| Vacant Housing Units | 36 ( 5.3%) |
| Median Home Value | $205,597 |
| Average Home Value | $273,697 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
459
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: YOLANDA LICHMAN • Re/max Heartland Realtors
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #250495
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.