203 Meadow View Ln, Fruitland, IA, 52749 | 7.59% Rental Yield

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203 Meadow View Ln, Fruitland, IA, 52749 | 7.59% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fruitland at 203 Meadow View Ln, Fruitland, IA, 52749 priced at $309,900 pairs $1,960/mo rent with after a $1,517/mo payment. Total monthly income equals $1,960/mo. Return on cash invested is 19.29% in year one, and rental yield stands at 7.59% on a $309,900 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,620 by year five. Five-year ROI measures 99.98% and total cumulative return in cash reaches $102,708. For financing, Ziffy Mortgage’s DSCR program evaluates $1,960/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1998

0.51 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this spacious 4-bedroom, 3-bath ranch home in the desirable L&M School District. Inside, you'll find multiple living areas that offer flexibility for entertaining, relaxing, or creating the perfect work-from-home setup. The kitchen flows easily into the dining and living spaces, while the finished lower level adds even more room to spread out with a large family room, full bath, and a fourth bedroom. Step outside and enjoy a private fenced backyard with plenty of space to play or unwind. There's a pool ready for summer fun, a handy shed for extra storage. The spacious 3-car garage is 984 sq ft and is heated and insulated! This ranch home has the space, layout, and location to check all the boxes! Schedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 52749, Fruitland, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	272 (100%)
Owner Occupied HU	236 (86.8%)
Renter Occupied HU	26 ( 9.6%)
Vacant Housing Units	10 ( 3.7%)
Median Home Value	$216,154
Average Home Value	$239,492