








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Fairfield at 206 Southgate Cir APT D, Fairfield, IA, 52556 priced at $215,000 converts $1,241/mo rent into after a $1,052/mo obligation. Total monthly income equals $1,241/mo. Return on cash invested prints 17.3% in year one, and rental yield reads 6.93% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 89.22% and total cumulative return in cash sums $63,589. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,241/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Condo
Built in 2001
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52556, Fairfield, IA area.
| 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 |
Residential
5,728
Single Family
5,280
Multi-Family
448
Businesses
820
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • N/A
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Mls ID: #N/A