641 Amber LnElk Run HeightsIA50707
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 641 Amber Ln, Elk Run Heights, IA, 50707 in Elk Run Heights is narrow, $167/mo net on $1,430/mo rent after the $875/mo debt service, but the property operates at break-even-plus, not a loss. At $194,500 with a 8.83% yield, the long-run equity case via 5% appreciation ($53,737 over five years) and $1,791/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.63 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $84,725.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 8.0% |
| Monthly Cash Flow | $167 | $1,500 |
City averages based on Elk Run Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,430 |
| Total Monthly Debt Service | $1,186 |
| DSCR Ratio | 1.21x |
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 1983
0.31 Acres lot
$N/A/sqft
No HOA
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 1983
0.31 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Brunssen • Century 21 Signature Real Estate-Waverly
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20254989