111 Summerset 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
Investment property for sale in Fontanelle at 111 Summerset St, Fontanelle, IA, 50846 with 5% annual appreciation on a $199,000 basis while $720/mo rent supports operations. 5% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 4.34%. Five-year ROI measures 47.41% and total cumulative return in cash totals $31,278. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $720/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
0.39 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: Roger Queck • Pro Team Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #724764
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