745 S 5th StWapelloIA52653
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 745 S 5th St, Wapello, IA, 52653 in Wapello at $179,000 earns $1,225/mo in rent and nets $63/mo after the $805/mo payment, a 8.21% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $49,454 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $1,649/yr in principal paydown, total projected return reaches $72,147.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 8.0% |
| Monthly Cash Flow | $63 | $300 |
City averages based on Wapello market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,225 |
| Total Monthly Debt Service | $1,091 |
| DSCR Ratio | 1.12x |
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 1962
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52653, Wapello, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,632 (100%) |
| Owner Occupied HU | 1,125 (68.9%) |
| Renter Occupied HU | 269 (16.5%) |
| Vacant Housing Units | 238 (14.6%) |
| Median Home Value | $157,972 |
| Average Home Value | $196,427 |
Housing Distribution
Address Breakdown
Residential
1,362
Single Family
1,331
Multi-Family
31
Businesses
118
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 1962
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52653, Wapello, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,632 (100%) |
| Owner Occupied HU | 1,125 (68.9%) |
| Renter Occupied HU | 269 (16.5%) |
| Vacant Housing Units | 238 (14.6%) |
| Median Home Value | $157,972 |
| Average Home Value | $196,427 |
Housing Distribution
Address Breakdown
Residential
1,362
Single Family
1,331
Multi-Family
31
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices