








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


Investment property for sale in Adel at 2109 Bugge Dr, Adel, IA, 50003 listed at $214,990 pairs $1,262/mo rent with a $1,052/mo payment. Total monthly income runs $1,262/mo. Return on cash invested measures 15.13% in year one, and rental yield registers 7.04% at a $214,990 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,398 by year five. Five-year ROI tracks 78.58% and total cumulative return in cash totals $56,002. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,262/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
1,742 sqft lot
$N/A/sqft
$150 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-09-26 | Price change | $214,990 |
| 2025-09-16 | Price change | $219,990 |
| 2025-09-04 | Price change | $221,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $4.00 | N/A | $210 | N/A |



Listed by: Kathryn Greer • DRH Realty of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #722339
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