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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 Fairfax at 1218 Langenberg Ave, Fairfax, IA, 52228 priced at $535,000 pairs $2,280/mo rent with after a $2,619/mo payment. Total monthly income equals $2,280/mo. Return on cash invested is 11.86% in year one, and rental yield stands at 5.11% on a $535,000 basis. Equity gained on principal adds $3,452/yr, and 5% annual appreciation accumulates to $147,811 by year five. Five-year ROI measures 60.05% and total cumulative return in cash reaches $105,700. For financing, Ziffy Mortgage’s DSCR program evaluates $2,280/mo property income against a $2,619/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
9,147 sqft lot
$N/A/sqft
$100 annually HOA
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $535,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Laura Soride • RE/MAX AFFILIATES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502766
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.
