21701 Pleasant DrBernardIA52032
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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 Bernard at 21701 Pleasant Dr, Bernard, IA, 52032 listed at $227,000 pairs $1,639/mo rent with a $1,111/mo payment to leave $124/mo cash flow. Total monthly income runs $1,639/mo, and annual cash flow reaches $1,488/yr on $75,251 cash to close. Return on cash invested measures 21.89% in year one, and rental yield registers 8.66% at a $227,000 basis. Equity gained on principal adds $1,465/yr, and annual property appreciation at 5% supports $62,716 by year five. Five-year ROI tracks 114.07% and total cumulative return in cash totals $85,837. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,639/mo property income relative to a $1,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.72 Acres lot
$N/A/sqft
$490 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52032, Bernard, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 726 (100%) |
| Owner Occupied HU | 485 (66.8%) |
| Renter Occupied HU | 73 (10.1%) |
| Vacant Housing Units | 168 (23.1%) |
| Median Home Value | $311,161 |
| Average Home Value | $372,000 |
Housing Distribution
Address Breakdown
Residential
600
Single Family
600
Multi-Family
0
Businesses
16
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Listed by: Dianne Granger • Keller Williams 1Advantage
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152102
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