200 Th StFarmingtonIA52626
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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 Farmington at 200 Th St, Farmington, IA, 52626 earns from $1,232/mo rent with a $2,570/mo payment. Total monthly income totals $1,232/mo. ROI tracks 4.93% on current figures, and rental yield reads 2.82% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 22.88% and total cumulative return in cash sums $39,513. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,232/mo property income instead of your personal income.
Single Family
Built in N/A
70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52626, Farmington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 393 (71.1%) |
| Renter Occupied HU | 86 (15.6%) |
| Vacant Housing Units | 74 (13.4%) |
| Median Home Value | $149,342 |
| Average Home Value | $184,707 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
418
Multi-Family
22
Businesses
35
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Listed by: Laura Story • Fraise Auction & Real Estate
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6332840