1537 Deerfield Dr,Fairfax,IA,52228

Investment Highlights

Investment property for sale in Fairfax at 1537 Deerfield Dr, Fairfax, IA, 52228 uses $33,647 cash to close to unlock $19,447/yr annual cash flow and $1,621/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $497/mo payment keeps the spread at $1,621/mo. Purchase price stands at $101,500, and rental yield measures 26.96% with $2,280/mo rent. Return on cash invested shows 77.71% in year one, and 5% annual appreciation builds toward $28,043 over five years. Five-year ROI reaches 413.23% and total cumulative return in cash records $139,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $497/mo payment rather than investor’s personal income.