210 Union 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 210 Union St, Fayette, IA, 52142 priced at $159,000 converts $1,145/mo rent into $113/mo cash flow after a $778/mo obligation. Total monthly income equals $1,145/mo, and annual cash flow totals $1,351/yr on $52,709 invested. Return on cash invested prints 22.47% in year one, and rental yield reads 8.64% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 117.02% and total cumulative return in cash sums $61,680. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,145/mo property income covering a $778/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.54 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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