1203 Glenview Cir, Fairfield, IA, 52556 | 3.27% Rental Yield

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1203 Glenview Cir, Fairfield, IA, 52556 | 3.27% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fairfield at 1203 Glenview Cir, Fairfield, IA, 52556 earns from $859/mo rent with a $1,542/mo payment. Total monthly income totals $859/mo. ROI tracks 6.27% on current figures, and rental yield reads 3.27% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 30.08% and total cumulative return in cash sums $31,409. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $859/mo property income instead of your personal income.

Single Family

Built in 1966

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 2-story Colonial-style home nestled on a spacious tree-lined lot in Glenview Circle. The oversized windows throughout the home bring in an abundance of natural light plus offer panoramic views. Front entry w/composite decking. Large living room with fantastic picture window. Leads seamlessly into the dining room with plenty of wall space for meals and gathering. The main level is complete with the spacious kitchen featuring newer appliances, pantry with pull-out drawers, soft close cabinetry, Corian countertops, & a fantastic breakfast nook area for add'l seating. Step from here to the rear patio where you will spend time relaxing & hosting. You could even add a garden and a fire pit. Upstairs with 4 spacious bedrooms all with closets and an updated bath with a large walk-in shower. The lower level has fantastic finished space for office, gaming, tv, or a place away as well as a 3/4 bath. Storage area and laundry. The oversized two-car garage has additional storage and backyard access. Large parking apron, vinyl siding, newer furnace & central air, newer roof in 2018/19 and new windows through most. Near Loop Trail, golfing, swimming, & other amenities be sure to stop by this home.

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