1307 Fair View DrDallas CenterIA50063
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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 Dallas Center at 1307 Fair View Dr, Dallas Center, IA, 50063 offers a 8.87% rental yield on a $238,000 purchase with $1,760/mo rent. Total monthly income registers $1,760/mo, and a $1,165/mo payment leaves $204/mo available for distribution. Annual cash flow reaches $2,450/yr on $78,897 to close, and return on cash invested stands at 23.01% in year one. Equity gained on principal adds $1,536/yr while 5% annual appreciation supports $65,755 over five years. Portfolio math shows five-year ROI at 120% and total cumulative return in cash at $94,678. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,760/mo property income against a $1,165/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2019
5,227 sqft lot
$N/A/sqft
$120 yearly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50063, Dallas Center, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 976 (84.3%) |
| Renter Occupied HU | 151 (13.0%) |
| Vacant Housing Units | 31 ( 2.7%) |
| Median Home Value | $414,660 |
| Average Home Value | $437,636 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,002
Multi-Family
23
Businesses
75
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Listed by: Quartz Team Realty • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #68550
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.