103 S Farmer StBrightonIA52540
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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 Brighton at 103 S Farmer St, Brighton, IA, 52540 with 5% annual appreciation on a $178,000 basis while $1,981/mo rent supports operations. Total monthly income totals $1,981/mo and a $871/mo payment preserves $818/mo for cash returns. Annual cash flow comes to $9,812/yr on $59,007 deployed, and return on cash invested reaches 36.54% in year one. Equity gained on principal adds $1,149/yr, and five-year appreciation sums $49,178 alongside rental yield of 13.36%. Five-year ROI measures 192.47% and total cumulative return in cash totals $113,569.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,981/mo property income versus a $871/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52540, Brighton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 625 (100%) |
| Owner Occupied HU | 431 (69.0%) |
| Renter Occupied HU | 138 (22.1%) |
| Vacant Housing Units | 56 ( 9.0%) |
| Median Home Value | $135,500 |
| Average Home Value | $196,015 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
30
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