106 Highway 141BayardIA50029
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 Bayard at 106 Highway 141, Bayard, IA, 50029 offers a 8.51% rental yield on a $118,500 purchase with $840/mo rent. Total monthly income registers $840/mo, and a $580/mo payment leaves $70/mo available for distribution. Annual cash flow reaches $845/yr on $39,283 to close, and return on cash invested stands at 22.06% in year one. Equity gained on principal adds $765/yr while 5% annual appreciation supports $32,739 over five years. Portfolio math shows five-year ROI at 114.84% and total cumulative return in cash at $45,112. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $580/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50029, Bayard, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 219 (70.6%) |
| Renter Occupied HU | 52 (16.8%) |
| Vacant Housing Units | 39 (12.6%) |
| Median Home Value | $156,250 |
| Average Home Value | $205,445 |
Housing Distribution
Address Breakdown
Residential
174
Single Family
174
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices