100 10th St SEBondurantIA50035
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
Investment Highlights
Investment property for sale in Bondurant at 100 10th St SE, Bondurant, IA, 50035 offers a 8.15% rental yield on a $255,000 purchase with $1,731/mo rent. Total monthly income registers $1,731/mo, and a $1,248/mo payment leaves $75/mo available for distribution. Annual cash flow reaches $900/yr on $84,533 to close, and return on cash invested stands at 20.97% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 108.93% and total cumulative return in cash at $92,084. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,731/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50035, Bondurant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,867 (85.5%) |
| Renter Occupied HU | 413 (12.3%) |
| Vacant Housing Units | 72 ( 2.1%) |
| Median Home Value | $343,186 |
| Average Home Value | $374,950 |
Housing Distribution
Address Breakdown
Residential
3,637
Single Family
3,194
Multi-Family
443
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela McKenzie • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #717344
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.