22101 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 22101 Pleasant Dr, Bernard, IA, 52032 offers a 8.36% rental yield on a $174,900 purchase with $1,218/mo rent. Total monthly income registers $1,218/mo, and a $856/mo payment leaves $46/mo available for distribution. Annual cash flow reaches $556/yr on $57,979 to close, and return on cash invested stands at 20.87% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 108.72% and total cumulative return in cash at $63,036. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,218/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.43 Acres lot
$N/A/sqft
$430 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: Kelly Kohlhaas • Century 21 Signature Real Estate
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152340
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.