PARCEL 603200006thWest UnionIA52175
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0.8% gross rental yield, PARCEL 603200006th, West Union, IA, 52175 in West Union is priced for capital growth, not immediate cash flow. The $719,100 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $198,674 by year five, with $6,623/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.15) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $3,982.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.8% | 8.0% |
| Monthly Cash Flow | $(4,190) | $300 |
City averages based on West Union market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $480 |
| Total Monthly Debt Service | $4,384 |
| DSCR Ratio | 0.11x |
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 N/A
47.94 Acres lot
$N/A/sqft
No HOA
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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 N/A
47.94 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jodi Granger • Koch Real Estate
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20260667