950 Main StStanhopeIA50246
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 950 Main St, Stanhope, IA, 50246 in Stanhope is listed at $133,900 and delivers $1,264/mo in rent and $394/mo in net monthly cash flow. The 11.32% yield and 2.10 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $36,994 over five years, and $1,233/yr in principal reduction supplements cash return. Total projected cumulative return: $76,333.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.0% |
| Monthly Cash Flow | $394 | $300 |
City averages based on Stanhope market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,264 |
| Total Monthly Debt Service | $816 |
| DSCR Ratio | 1.55x |
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 1899
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50246, Stanhope, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 335 (100%) |
| Owner Occupied HU | 235 (70.1%) |
| Renter Occupied HU | 63 (18.8%) |
| Vacant Housing Units | 37 (11.0%) |
| Median Home Value | $164,352 |
| Average Home Value | $209,894 |
Housing Distribution
Address Breakdown
Residential
135
Single Family
135
Multi-Family
0
Businesses
21
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 1899
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50246, Stanhope, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 335 (100%) |
| Owner Occupied HU | 235 (70.1%) |
| Renter Occupied HU | 63 (18.8%) |
| Vacant Housing Units | 37 (11.0%) |
| Median Home Value | $164,352 |
| Average Home Value | $209,894 |
Housing Distribution
Address Breakdown
Residential
135
Single Family
135
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices