106 3rd St SFairbankIA50629
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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 Fairbank at 106 3rd St S, Fairbank, IA, 50629 earns from $0/mo rent with a $1,027/mo payment. Total monthly income totals $0/mo. ROI tracks -3.59% on current figures, and rental yield reads 0% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1952
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50629, Fairbank, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 683 (74.2%) |
| Renter Occupied HU | 157 (17.1%) |
| Vacant Housing Units | 80 ( 8.7%) |
| Median Home Value | $220,109 |
| Average Home Value | $255,395 |
Housing Distribution
Address Breakdown
Residential
738
Single Family
738
Multi-Family
0
Businesses
51
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