105 W Benton StFontanelleIA50846
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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
Rental property for sale in Fontanelle at 105 W Benton St, Fontanelle, IA, 50846 generates $2,084/mo in rent and, after a $998/mo payment, leaves $755/mo in cash flow. Total monthly income is $2,084/mo, and annual cash flow is $9,058/yr on $67,626 invested. Return on cash invested sits at 33.3% in year one, and rental yield is 12.26% on a $204,000 entry. Equity gained on principal adds $1,316/yr, while 5% annual appreciation builds toward $56,361 over five years. Five-year ROI reaches 175.09% and total cumulative return in cash sums $118,408. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,084/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50846, Fontanelle, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 403 (73.5%) |
| Renter Occupied HU | 76 (13.9%) |
| Vacant Housing Units | 69 (12.6%) |
| Median Home Value | $123,904 |
| Average Home Value | $221,904 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
323
Multi-Family
12
Businesses
21
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Listed by: Michelle Renken • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #722753
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.