2112 Bugge DrAdelIA50003
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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
Investment property for sale in Adel at 2112 Bugge Dr, Adel, IA, 50003 with 5% annual appreciation on a $217,990 basis while $1,262/mo rent supports operations. 86% in year one. Equity gained on principal adds $1,407/yr, and five-year appreciation sums $60,227 alongside rental yield of 6.95%. Five-year ROI measures 77.14% and total cumulative return in cash totals $55,744. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,262/mo property income versus a $1,067/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
1,742 sqft lot
$N/A/sqft
$150 monthly HOA
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Listed by: Kathryn Greer • DRH Realty of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #701312
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