203 E Monroe AveFairfieldIA52556
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fairfield at 203 E Monroe Ave, Fairfield, IA, 52556 earns $96/mo cash flow from $859/mo rent with a $575/mo payment. Total monthly income totals $859/mo, and annual cash flow totals $1,152/yr on $38,951 capital. ROI tracks 22.87% on current figures, and rental yield reads 8.77% at a $117,500 purchase. Equity gained on principal adds $758/yr, and 5% annual appreciation supports $32,463 over five years. Five-year ROI reaches 119.08% and total cumulative return in cash sums $46,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $859/mo property income instead of your personal income.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52556, Fairfield, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,728
Single Family
5,280
Multi-Family
448
Businesses
820
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices