103 N 6th StBellevueIA52031
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 Bellevue at 103 N 6th St, Bellevue, IA, 52031 offers a 12.27% rental yield on a $140,000 purchase with $1,432/mo rent. Total monthly income registers $1,432/mo, and a $685/mo payment leaves $465/mo available for distribution. Annual cash flow reaches $5,575/yr on $46,410 to close, and return on cash invested stands at 31.92% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 168.24% and total cumulative return in cash at $78,082. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,432/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52031, Bellevue, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,451 (100%) |
| Owner Occupied HU | 1,784 (72.8%) |
| Renter Occupied HU | 376 (15.3%) |
| Vacant Housing Units | 291 (11.9%) |
| Median Home Value | $258,844 |
| Average Home Value | $324,631 |
Housing Distribution
Address Breakdown
Residential
2,192
Single Family
2,148
Multi-Family
44
Businesses
139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Ruff • Ruhl & Ruhl Realtors
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152234
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.