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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fairfield at 1703 Ayodhya Ave #A1, Fairfield, IA, 52556 offers a 4.58% rental yield on a $225,000 purchase with $859/mo rent. 22% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 51.29% and total cumulative return in cash at $38,253. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $859/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1994
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52556, Fairfield, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,288 (100%) |
| Owner Occupied HU | 3,507 (55.8%) |
| Renter Occupied HU | 2,071 (32.9%) |
| Vacant Housing Units | 710 (11.3%) |
| Median Home Value | $188,780 |
| Average Home Value | $222,983 |
Residential
5,728
Single Family
5,280
Multi-Family
448
Businesses
820
Date | Event | Price |
|---|---|---|
| 2025-03-04 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Loren Town • Fairfield Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325412
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
