36502 Deerfield DrCummingIA50061
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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 Cumming at 36502 Deerfield Dr, Cumming, IA, 50061 listed at $740,000 pairs $6,600/mo rent with a $3,622/mo payment to leave $1,794/mo cash flow. Total monthly income runs $6,600/mo, and annual cash flow reaches $21,528/yr on $243,460 cash to close. Return on cash invested measures 28.9% in year one, and rental yield registers 10.7% at a $740,000 basis. Equity gained on principal adds $4,775/yr, and annual property appreciation at 5% supports $204,448 by year five. Five-year ROI tracks 151.44% and total cumulative return in cash totals $368,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,600/mo property income relative to a $3,622/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50061, Cumming, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 1,132 (91.7%) |
| Renter Occupied HU | 52 ( 4.2%) |
| Vacant Housing Units | 51 ( 4.1%) |
| Median Home Value | $489,671 |
| Average Home Value | $552,955 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
35
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