406 S 3rd StBellevueIA52031
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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 Bellevue at 406 S 3rd St, Bellevue, IA, 52031 earns from $1,115/mo rent with a $959/mo payment. Total monthly income totals $1,115/mo. ROI tracks 17% on current figures, and rental yield reads 6.83% at a $195,900 purchase. Equity gained on principal adds $1,264/yr, and 5% annual appreciation supports $54,124 over five years. Five-year ROI reaches 87.65% and total cumulative return in cash sums $56,921. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,115/mo property income instead of your personal income.
Single Family
Built in 1880
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52031, Bellevue, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,451 (100%) |
| Owner Occupied HU | 1,784 (72.8%) |
| Renter Occupied HU | 376 (15.3%) |
| Vacant Housing Units | 291 (11.9%) |
| Median Home Value | $258,844 |
| Average Home Value | $324,631 |
Housing Distribution
Address Breakdown
Residential
2,192
Single Family
2,148
Multi-Family
44
Businesses
139
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Listed by: Bailee Rogis • Gateway Realty Group
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264535
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.