22508 Lake Shore 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 22508 Lake Shore Dr, Bernard, IA, 52032 earns from $1,384/mo rent with a $1,415/mo payment. Total monthly income totals $1,384/mo. ROI tracks 13.73% on current figures, and rental yield reads 5.75% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 70.11% and total cumulative return in cash sums $67,166. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,384/mo property income instead of your personal income.
Single Family
Built in 2018
0.66 Acres lot
$N/A/sqft
No 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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