776 Peosta St UNIT 2PeostaIA52068
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 776 Peosta St UNIT 2, Peosta, IA, 52068 in Peosta earns a 10.14% gross yield at $284,900. Rent of $2,407/mo nets $457/mo after the $1,281/mo mortgage. The 1.88 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $78,713 and $2,624/yr in equity accumulation project a total cumulative return of $138,278.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $457 | $300 |
City averages based on Peosta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,407 |
| Total Monthly Debt Service | $1,837 |
| 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 2017
N/A lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52068, Peosta, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,800 (100%) |
| Owner Occupied HU | 1,544 (85.8%) |
| Renter Occupied HU | 191 (10.6%) |
| Vacant Housing Units | 65 ( 3.6%) |
| Median Home Value | $341,860 |
| Average Home Value | $358,849 |
Housing Distribution
Address Breakdown
Residential
1,981
Single Family
1,930
Multi-Family
51
Businesses
122
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 2017
N/A lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52068, Peosta, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,800 (100%) |
| Owner Occupied HU | 1,544 (85.8%) |
| Renter Occupied HU | 191 (10.6%) |
| Vacant Housing Units | 65 ( 3.6%) |
| Median Home Value | $341,860 |
| Average Home Value | $358,849 |
Housing Distribution
Address Breakdown
Residential
1,981
Single Family
1,930
Multi-Family
51
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jodi Riedl • Realty Pros LTD.
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152062
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.