704 2nd AveMalvernIA51551
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 704 2nd Ave, Malvern, IA, 51551 in Malvern is listed at $160,000 and delivers $1,315/mo in rent and $276/mo in net monthly cash flow. The 9.86% yield and 1.83 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $44,205 over five years, and $1,474/yr in principal reduction supplements cash return. Total projected cumulative return: $78,664.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.2% |
| Monthly Cash Flow | $276 | $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 | $1,315 |
| Total Monthly Debt Service | $975 |
| DSCR Ratio | 1.35x |
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.
Manufactured
Built in 1977
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51551, Malvern, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 773 (100%) |
| Owner Occupied HU | 551 (71.3%) |
| Renter Occupied HU | 146 (18.9%) |
| Vacant Housing Units | 76 ( 9.8%) |
| Median Home Value | $204,688 |
| Average Home Value | $250,186 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
426
Multi-Family
18
Businesses
59
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
Manufactured
Built in 1977
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51551, Malvern, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 773 (100%) |
| Owner Occupied HU | 551 (71.3%) |
| Renter Occupied HU | 146 (18.9%) |
| Vacant Housing Units | 76 ( 9.8%) |
| Median Home Value | $204,688 |
| Average Home Value | $250,186 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
426
Multi-Family
18
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices