119 Prairie StBayardIA50029
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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 Bayard at 119 Prairie St, Bayard, IA, 50029 earns $61/mo cash flow from $840/mo rent with a $587/mo payment. Total monthly income totals $840/mo, and annual cash flow totals $732/yr on $39,780 capital. ROI tracks 21.75% on current figures, and rental yield reads 8.4% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 113.08% and total cumulative return in cash sums $44,983. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $840/mo property income instead of your personal income.
Single Family
Built in 1977
0.42 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
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Listed by: Keith Soldwisch • Zealty Home Advisors
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328381
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.