212 6th St NEBondurantIA50035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bondurant at 212 6th St NE, Bondurant, IA, 50035 uses $124,313 cash to close to unlock $636/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $2,498/mo, and a $1,835/mo payment keeps the spread at $53/mo. Purchase price stands at $375,000, and rental yield measures 7.99% with $2,498/mo rent. Return on cash invested shows 20.42% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 106.01% and total cumulative return in cash records $131,787. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,498/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2018
8,145 sqft lot
$N/A/sqft
$120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50035, Bondurant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,867 (85.5%) |
| Renter Occupied HU | 413 (12.3%) |
| Vacant Housing Units | 72 ( 2.1%) |
| Median Home Value | $343,186 |
| Average Home Value | $374,950 |
Housing Distribution
Address Breakdown
Residential
3,637
Single Family
3,194
Multi-Family
443
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex Dunkin • Premier Properties Land Company
Mls Name: DMMLS
Mls Provider:
Mls ID: #718897
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.