18700 Virga AveBloomfieldIA52537
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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 Bloomfield at 18700 Virga Ave, Bloomfield, IA, 52537 earns from $1,259/mo rent with a $3,402/mo payment. Total monthly income totals $1,259/mo. ROI tracks 2.98% on current figures, and rental yield reads 2.17% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 12.41% and total cumulative return in cash sums $28,386. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,259/mo property income instead of your personal income.
Single Family
Built in 2003
55 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: Andrea D Tilley • Hometown Realty
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6324128