1213 Featherstone Ave NEBondurantIA50035
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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 Bondurant at 1213 Featherstone Ave NE, Bondurant, IA, 50035 with 5% annual appreciation on a $326,900 basis while $2,386/mo rent supports operations. Total monthly income totals $2,386/mo and a $1,600/mo payment preserves $246/mo for cash returns. Annual cash flow comes to $2,955/yr on $108,367 deployed, and return on cash invested reaches 22.64% in year one. Equity gained on principal adds $2,109/yr, and five-year appreciation sums $90,316 alongside rental yield of 8.76%. Five-year ROI measures 117.96% and total cumulative return in cash totals $127,833.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,386/mo property income versus a $1,600/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
7,797 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50035, Bondurant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,867 (85.5%) |
| Renter Occupied HU | 413 (12.3%) |
| Vacant Housing Units | 72 ( 2.1%) |
| Median Home Value | $343,186 |
| Average Home Value | $374,950 |
Housing Distribution
Address Breakdown
Residential
3,637
Single Family
3,194
Multi-Family
443
Businesses
171
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Listed by: Tyler Timp • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #700816
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.