623 E ChestnutHubbardIA50122
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 623 E Chestnut, Hubbard, IA, 50122 in Hubbard is narrow, $191/mo net on $1,026/mo rent after the $578/mo debt service, but the property operates at break-even-plus, not a loss. At $128,500 with a 9.58% yield, the long-run equity case via 5% appreciation ($35,502 over five years) and $1,184/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.78 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $61,240.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $191 | $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 | $1,026 |
| Total Monthly Debt Service | $783 |
| 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 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50122, Hubbard, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 615 (100%) |
| Owner Occupied HU | 439 (71.4%) |
| Renter Occupied HU | 112 (18.2%) |
| Vacant Housing Units | 64 (10.4%) |
| Median Home Value | $111,085 |
| Average Home Value | $184,339 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
231
Multi-Family
34
Businesses
42
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 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50122, Hubbard, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 615 (100%) |
| Owner Occupied HU | 439 (71.4%) |
| Renter Occupied HU | 112 (18.2%) |
| Vacant Housing Units | 64 (10.4%) |
| Median Home Value | $111,085 |
| Average Home Value | $184,339 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
231
Multi-Family
34
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices