802 E 12th StVintonIA52349
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 802 E 12th St, Vinton, IA, 52349 in Vinton. At $215,500 it earns $1,741/mo in rent and distributes $342/mo to the owner after the $969/mo payment, a consistent 9.7% yield. DSCR 1.80 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $59,539 in value; $1,985/yr in principal paydown compounds ownership stake. Total projected return: $104,017.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 7.0% |
| Monthly Cash Flow | $342 | $150 |
City averages based on Vinton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,741 |
| Total Monthly Debt Service | $1,314 |
| DSCR Ratio | 1.33x |
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 1973
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
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 1973
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices