206-212 NW Walnut StBridgewaterIA50837
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 Bridgewater at 206-212 NW Walnut St, Bridgewater, IA, 50837 offers a 2.7% rental yield on a $395,000 purchase with $889/mo rent. 55% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 20.86% and total cumulative return in cash at $27,318. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $889/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50837, Bridgewater, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 106 (62.7%) |
| Renter Occupied HU | 23 (13.6%) |
| Vacant Housing Units | 40 (23.7%) |
| Median Home Value | $233,333 |
| Average Home Value | $297,712 |
Housing Distribution
Address Breakdown
Residential
117
Single Family
117
Multi-Family
0
Businesses
11
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Listed by: Stephen Patel • Pella Real Estate Services
Mls Name: DMMLS
Mls ID: #718083