24891 Robin AveBonaparteIA52620
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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 Bonaparte at 24891 Robin Ave, Bonaparte, IA, 52620 uses $90,002 cash to close to unlock $2,647/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,984/mo, and a $1,329/mo payment keeps the spread at $221/mo. Purchase price stands at $271,500, and rental yield measures 8.77% with $1,984/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $75,010 over five years. Five-year ROI reaches 119.03% and total cumulative return in cash records $107,128. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,984/mo property income covering a $1,329/mo payment rather than investor’s personal income.
Single Family
Built in N/A
37.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52620, Bonaparte, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 430 (100%) |
| Owner Occupied HU | 311 (72.3%) |
| Renter Occupied HU | 72 (16.7%) |
| Vacant Housing Units | 47 (10.9%) |
| Median Home Value | $164,722 |
| Average Home Value | $223,867 |
Housing Distribution
Address Breakdown
Residential
289
Single Family
289
Multi-Family
0
Businesses
27
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