203 Meadow View LnFruitlandIA52749
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
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
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 |
Housing Distribution
Address Breakdown
Residential
331
Single Family
331
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
