2211 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 2211 Bugge Dr, Adel, IA, 50003 earns from $1,262/mo rent with a $1,175/mo payment. Total monthly income totals $1,262/mo. ROI tracks 12.79% on current figures, and rental yield reads 6.31% at a $239,990 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,305 over five years. Five-year ROI reaches 66.08% and total cumulative return in cash sums $52,571. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,262/mo property income instead of your personal income.
Condo
Built in 2023
1,742 sqft lot
$N/A/sqft
$175 monthly HOA
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Listed by: Kathryn Greer • DRH Realty of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #685472
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