8350 Lakeshore DrDexterIA50070
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 8350 Lakeshore Dr, Dexter, IA, 50070 in Dexter at $489,500, 5.45% gross yield, is a market-growth asset. Rental yield 5.45%. The $2,221/mo rent partially funds the $2,201/mo debt service; the core return is the 5%/yr price growth projected to add $135,240 over five years. Ziffy Mortgage's DSCR mortgage (1.01) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $118,019.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 6.0% |
| Monthly Cash Flow | $(1,068) | $250 |
City averages based on Dexter market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,221 |
| Total Monthly Debt Service | $3,095 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2018
7,840 sqft lot
$N/A/sqft
$1,325 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50070, Dexter, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 576 (77.0%) |
| Renter Occupied HU | 65 ( 8.7%) |
| Vacant Housing Units | 107 (14.3%) |
| Median Home Value | $362,617 |
| Average Home Value | $391,597 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
516
Multi-Family
0
Businesses
35
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 2018
7,840 sqft lot
$N/A/sqft
$1,325 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50070, Dexter, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 576 (77.0%) |
| Renter Occupied HU | 65 ( 8.7%) |
| Vacant Housing Units | 107 (14.3%) |
| Median Home Value | $362,617 |
| Average Home Value | $391,597 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
516
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Porter, Kelsey • Epique Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #717183
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