2331 Victory LnBusseyIA50044
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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
Rental property for sale in Bussey at 2331 Victory Ln, Bussey, IA, 50044 generates $1,542/mo in rent and, after a $964/mo payment, leaves $263/mo in cash flow. Total monthly income is $1,542/mo, and annual cash flow is $3,154/yr on $65,306 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 9.39% on a $197,000 entry. Equity gained on principal adds $1,271/yr, while 5% annual appreciation builds toward $54,427 over five years. Five-year ROI reaches 129.14% and total cumulative return in cash sums $84,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,542/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
14.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50044, Bussey, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 405 (100%) |
| Owner Occupied HU | 306 (75.6%) |
| Renter Occupied HU | 46 (11.4%) |
| Vacant Housing Units | 53 (13.1%) |
| Median Home Value | $176,667 |
| Average Home Value | $365,694 |
Housing Distribution
Address Breakdown
Residential
305
Single Family
305
Multi-Family
0
Businesses
20
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