Briarwood Plan, StonebridgeAltoonaIA50009
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at Briarwood Plan, Stonebridge, Altoona, IA, 50009 in Altoona. Priced at $342,000, it generates $3,023/mo in gross rent and $802/mo in net monthly cash flow, a 10.61% yield that comfortably supports the 1.97 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,620. Five-year appreciation: $94,488. Equity from principal paydown: $3,150/yr. Total projected cumulative return: $181,736.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $802 | $450 |
City averages based on Altoona market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,023 |
| Total Monthly Debt Service | $2,085 |
| DSCR Ratio | 1.45x |
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 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50009, Altoona, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,219 (100%) |
| Owner Occupied HU | 6,552 (64.1%) |
| Renter Occupied HU | 3,043 (29.8%) |
| Vacant Housing Units | 624 ( 6.1%) |
| Median Home Value | $318,899 |
| Average Home Value | $345,433 |
Housing Distribution
Address Breakdown
Residential
9,784
Single Family
8,330
Multi-Family
1,454
Businesses
564
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 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50009, Altoona, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,219 (100%) |
| Owner Occupied HU | 6,552 (64.1%) |
| Renter Occupied HU | 3,043 (29.8%) |
| Vacant Housing Units | 624 ( 6.1%) |
| Median Home Value | $318,899 |
| Average Home Value | $345,433 |
Housing Distribution
Address Breakdown
Residential
9,784
Single Family
8,330
Multi-Family
1,454
Businesses
564
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
