1303 Fairlane DrBettendorfIA52722
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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 Bettendorf at 1303 Fairlane Dr, Bettendorf, IA, 52722 offers a 9.77% rental yield on a $250,000 purchase with $2,036/mo rent. Total monthly income registers $2,036/mo, and a $1,224/mo payment leaves $412/mo available for distribution. Annual cash flow reaches $4,944/yr on $82,875 to close, and return on cash invested stands at 25.87% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 135.21% and total cumulative return in cash at $112,054. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,036/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52722, Bettendorf, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,982 (100%) |
| Owner Occupied HU | 12,443 (69.2%) |
| Renter Occupied HU | 4,389 (24.4%) |
| Vacant Housing Units | 1,150 ( 6.4%) |
| Median Home Value | $342,973 |
| Average Home Value | $386,947 |
Housing Distribution
Address Breakdown
Residential
17,987
Single Family
15,350
Multi-Family
2,637
Businesses
1,446
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Listed by: Austin Woods • eXp Realty
Mls Name: RMLS Alliance
Mls ID: #QC4267360