6750 School St UNIT 1016Windsor HeightsIA50324
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Windsor Heights rental at 6750 School St UNIT 1016, Windsor Heights, IA, 50324 sits in the solid-income band: 11.95% gross yield, $1,818/mo rent, $381/mo net after the $809/mo debt service, DSCR 2.25. Entry price of $180,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $49,731 and $1,658/yr in principal reduction bring total cumulative return to $92,635.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.0% |
| Monthly Cash Flow | $381 | $300 |
City averages based on Windsor Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,818 |
| Total Monthly Debt Service | $1,392 |
| 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.
Condo
Built in 1977
1,916 sqft lot
$N/A/sqft
$285 monthly 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
Condo
Built in 1977
1,916 sqft lot
$N/A/sqft
$285 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: HOLLY CRAIGER • Iowa Realty Beaverdale
Mls Name: DMMLS
Mls Provider:
Mls ID: #717319
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.