2103 Bugge Dr, Adel, IA, 50003 | 7.04% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Adel at 2103 Bugge Dr, Adel, IA, 50003 offers a 7.04% rental yield on a $214,990 purchase with $1,262/mo rent. 65% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,398 over five years. Portfolio math shows five-year ROI at 91.21% and total cumulative return in cash at $65,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,262/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2025

1,742 sqft lot

$N/A/sqft

No HOA