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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bloomfield at 1204 E Franklin St, Bloomfield, IA, 52537 generates $870/mo in rent, after a $1,463/mo payment. Total monthly income is $870/mo. Return on cash invested sits at 3.6% in year one, and rental yield is 3.49% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 16.98% and total cumulative return in cash sums $16,834. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $870/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52537, Bloomfield, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,922 (100%) |
| Owner Occupied HU | 2,090 (71.5%) |
| Renter Occupied HU | 599 (20.5%) |
| Vacant Housing Units | 233 ( 8.0%) |
| Median Home Value | $192,778 |
| Average Home Value | $257,372 |
Residential
2,852
Single Family
2,807
Multi-Family
45
Businesses
313
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $299,000 |
| 2016-03-25 | Sold | $23,283 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $7856.00 | 23.33% | $347,780 | 7.55% |
| 2022-10-15 | $6370.00 | 5.25% | $323,360 | 20.96% |
| 2021-10-15 | $6052.00 | -0.33% | $267,330 | 6.70% |
Listed by: Lincoln Lynch • Lynch Realty Inc
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6322102
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.
