1329 Joshua Cir SEBondurantIA50035
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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 1329 Joshua Cir SE, Bondurant, IA, 50035 listed at $312,500 pairs $2,223/mo rent with a $1,530/mo payment to leave $193/mo cash flow. Total monthly income runs $2,223/mo, and annual cash flow reaches $2,316/yr on $103,594 cash to close. Return on cash invested measures 22.14% in year one, and rental yield registers 8.54% at a $312,500 basis. Equity gained on principal adds $2,017/yr, and annual property appreciation at 5% supports $86,338 by year five. Five-year ROI tracks 115.22% and total cumulative return in cash totals $119,364. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,223/mo property income relative to a $1,530/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
9,408 sqft lot
$N/A/sqft
No 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: Austin Sullivan • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #720754
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