18 Country Club DrBloomfieldIA52537
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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
Rental property for sale in Bloomfield at 18 Country Club Dr, Bloomfield, IA, 52537 priced at $382,500 converts $840/mo rent into after a $1,872/mo obligation. Total monthly income equals $840/mo. Return on cash invested prints 2.75% in year one, and rental yield reads 2.64% against a $382,500 entry. Equity gained on principal adds $2,468/yr, while 5% annual appreciation compiles into $105,678 by year five. Five-year ROI reaches 11.8% and total cumulative return in cash sums $14,958. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $840/mo property income covering a $1,872/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52537, Bloomfield, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,922 (100%) |
| Owner Occupied HU | 2,090 (71.5%) |
| Renter Occupied HU | 599 (20.5%) |
| Vacant Housing Units | 233 ( 8.0%) |
| Median Home Value | $192,778 |
| Average Home Value | $257,372 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,807
Multi-Family
45
Businesses
313
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Listed by: Angela Scott • Davis County Realtors
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325975
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.