208 Jones StFayetteIA52142
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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
Investment Highlights
Rental property for sale in Fayette at 208 Jones St, Fayette, IA, 52142 generates $1,398/mo in rent and, after a $705/mo payment, leaves $463/mo in cash flow. Total monthly income is $1,398/mo, and annual cash flow is $5,551/yr on $47,736 invested. Return on cash invested sits at 31.54% in year one, and rental yield is 11.65% on a $144,000 entry. Equity gained on principal adds $929/yr, while 5% annual appreciation builds toward $39,785 over five years. Five-year ROI reaches 165.65% and total cumulative return in cash sums $79,074. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,398/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52142, Fayette, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 645 (100%) |
| Owner Occupied HU | 371 (57.5%) |
| Renter Occupied HU | 163 (25.3%) |
| Vacant Housing Units | 111 (17.2%) |
| Median Home Value | $167,585 |
| Average Home Value | $211,799 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
355
Multi-Family
12
Businesses
62
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