1416 Applewood Dr, Fairfax, IA, 52228 | $1,364/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fairfax at 1416 Applewood Dr, Fairfax, IA, 52228 uses $84,533 cash to close to unlock $16,368/yr annual cash flow and $1,364/mo monthly cash flow. Total monthly income runs $3,020/mo, and a $1,248/mo payment keeps the spread at $1,364/mo. Purchase price stands at $255,000, and rental yield measures 14.21% with $3,020/mo rent. Return on cash invested shows 39.27% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 207.07% and total cumulative return in cash records $175,040. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,020/mo property income covering a $1,248/mo payment rather than investor’s personal income.

Condo

Built in 2018

N/A lot

$N/A/sqft

No HOA