804 Sand StChurdanIA50050
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 804 Sand St, Churdan, IA, 50050 in Churdan is priced for capital growth, not immediate cash flow. The $107,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $29,562 by year five, with $985/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Churdan market data in our database. Property projections are estimates.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50050, Churdan, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 322 (100%) |
| Owner Occupied HU | 216 (67.1%) |
| Renter Occupied HU | 56 (17.4%) |
| Vacant Housing Units | 50 (15.5%) |
| Median Home Value | $167,593 |
| Average Home Value | $229,549 |
Housing Distribution
Address Breakdown
Residential
217
Single Family
217
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50050, Churdan, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 322 (100%) |
| Owner Occupied HU | 216 (67.1%) |
| Renter Occupied HU | 56 (17.4%) |
| Vacant Housing Units | 50 (15.5%) |
| Median Home Value | $167,593 |
| Average Home Value | $229,549 |
Housing Distribution
Address Breakdown
Residential
217
Single Family
217
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kent Brant • RE/MAX Legacy
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326760
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