1048 Westridge St SWBondurantIA50035
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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 Bondurant at 1048 Westridge St SW, Bondurant, IA, 50035 offers a 10.69% rental yield on a $381,190 purchase with $3,397/mo rent. Total monthly income registers $3,397/mo, and a $1,866/mo payment leaves $913/mo available for distribution. Annual cash flow reaches $10,953/yr on $126,364 to close, and return on cash invested stands at 28.58% in year one. Equity gained on principal adds $2,460/yr while 5% annual appreciation supports $105,316 over five years. Portfolio math shows five-year ROI at 149.75% and total cumulative return in cash at $189,230. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,397/mo property income against a $1,866/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,408 sqft lot
$N/A/sqft
$100 annually 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
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Listed by: Kathryn Greer • DRH Realty of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #719917
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.