307 S East StBloomfieldIA52537
INVESTMENT ANALYSIS
Investment Verdict
Solid Income307 S East St, Bloomfield, IA, 52537 in Bloomfield is a solid income-producing rental, 9.75% gross yield, $1,259/mo rent, $253/mo net cash flow on a $154,900 buy. DSCR 1.81 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $42,796 and $1,427/yr in principal reduction project a total cumulative return of $75,249.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $253 | $250 |
City averages based on Bloomfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,259 |
| Total Monthly Debt Service | $944 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52537, Bloomfield, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,922 (100%) |
| Owner Occupied HU | 2,090 (71.5%) |
| Renter Occupied HU | 599 (20.5%) |
| Vacant Housing Units | 233 ( 8.0%) |
| Median Home Value | $192,778 |
| Average Home Value | $257,372 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,807
Multi-Family
45
Businesses
313
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1962
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52537, Bloomfield, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,922 (100%) |
| Owner Occupied HU | 2,090 (71.5%) |
| Renter Occupied HU | 599 (20.5%) |
| Vacant Housing Units | 233 ( 8.0%) |
| Median Home Value | $192,778 |
| Average Home Value | $257,372 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,807
Multi-Family
45
Businesses
313
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nolan Stewart • Back Home Realty, LLC
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6335165