717 3rd Ave SEDyersvilleIA52040
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 717 3rd Ave SE, Dyersville, IA, 52040 in Dyersville: $1,591/mo in rent, $402/mo in net income, 10.43% gross yield, 1.93 DSCR, all at $183,150. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $50,601 in appreciation and $1,687/yr in principal paydown projects total cumulative return of $95,506.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.0% |
| Monthly Cash Flow | $402 | $300 |
City averages based on Dyersville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,591 |
| Total Monthly Debt Service | $1,117 |
| DSCR Ratio | 1.42x |
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 1949
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52040, Dyersville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,672 (100%) |
| Owner Occupied HU | 2,064 (77.2%) |
| Renter Occupied HU | 443 (16.6%) |
| Vacant Housing Units | 165 ( 6.2%) |
| Median Home Value | $283,427 |
| Average Home Value | $306,472 |
Housing Distribution
Address Breakdown
Residential
2,589
Single Family
2,319
Multi-Family
270
Businesses
289
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 1949
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52040, Dyersville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,672 (100%) |
| Owner Occupied HU | 2,064 (77.2%) |
| Renter Occupied HU | 443 (16.6%) |
| Vacant Housing Units | 165 ( 6.2%) |
| Median Home Value | $283,427 |
| Average Home Value | $306,472 |
Housing Distribution
Address Breakdown
Residential
2,589
Single Family
2,319
Multi-Family
270
Businesses
289
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theresa Neuhaus • American Realty of Dubuque, Inc.
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152596
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.