103 Evergreen LnFruitlandIA52749
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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
Investment Highlights
Investment property for sale in Fruitland at 103 Evergreen Ln, Fruitland, IA, 52749 offers a 6.82% rental yield on a $264,900 purchase with $1,505/mo rent. 96% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 87.48% and total cumulative return in cash at $76,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,505/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52749, Fruitland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 272 (100%) |
| Owner Occupied HU | 236 (86.8%) |
| Renter Occupied HU | 26 ( 9.6%) |
| Vacant Housing Units | 10 ( 3.7%) |
| Median Home Value | $216,154 |
| Average Home Value | $239,492 |
Housing Distribution
Address Breakdown
Residential
331
Single Family
331
Multi-Family
0
Businesses
8
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