1105 Lakeview DrFairfieldIA52556
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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 Fairfield at 1105 Lakeview Dr, Fairfield, IA, 52556 offers $3,536/mo rent that, after a $4,505/mo payment. Total monthly income is $3,536/mo. Return on cash invested measures 9.41% in year one, and rental yield stands at 4.61% at a $920,500 entry. Equity gained on principal adds $5,940/yr while 5% annual appreciation compounds into $254,317 by year five. Five-year ROI records 47.25% and total cumulative return in cash reaches $143,104. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,536/mo property income versus a $4,505/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
3.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52556, Fairfield, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,288 (100%) |
| Owner Occupied HU | 3,507 (55.8%) |
| Renter Occupied HU | 2,071 (32.9%) |
| Vacant Housing Units | 710 (11.3%) |
| Median Home Value | $188,780 |
| Average Home Value | $222,983 |
Housing Distribution
Address Breakdown
Residential
5,728
Single Family
5,280
Multi-Family
448
Businesses
820
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