311 W Adams AveFairfieldIA52556
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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 Fairfield at 311 W Adams Ave, Fairfield, IA, 52556 with 5% annual appreciation on a $118,000 basis while $859/mo rent supports operations. Total monthly income totals $859/mo and a $578/mo payment preserves $83/mo for cash returns. Annual cash flow comes to $992/yr on $39,117 deployed, and return on cash invested reaches 22.45% in year one. Equity gained on principal adds $761/yr, and five-year appreciation sums $32,601 alongside rental yield of 8.74%. Five-year ROI measures 116.98% and total cumulative return in cash totals $45,759.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $859/mo property income versus a $578/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52556, Fairfield, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,288 (100%) |
| Owner Occupied HU | 3,507 (55.8%) |
| Renter Occupied HU | 2,071 (32.9%) |
| Vacant Housing Units | 710 (11.3%) |
| Median Home Value | $188,780 |
| Average Home Value | $222,983 |
Housing Distribution
Address Breakdown
Residential
5,728
Single Family
5,280
Multi-Family
448
Businesses
820
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Listed by: Joanne Terrien • Village Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325971
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.