407 Court AveBedfordIA50833
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
Investment Highlights
Rental property for sale in Bedford at 407 Court Ave, Bedford, IA, 50833 priced at $231,300 pairs $1,793/mo rent with $291/mo cash flow after a $1,132/mo payment. Total monthly income equals $1,793/mo, and annual cash flow comes to $3,491/yr on $76,676 invested. Return on cash invested is 24.46% in year one, and rental yield stands at 9.3% on a $231,300 basis. Equity gained on principal adds $1,493/yr, and 5% annual appreciation accumulates to $63,904 by year five. Five-year ROI measures 127.67% and total cumulative return in cash reaches $97,891. For financing, Ziffy Mortgage’s DSCR program evaluates $1,793/mo property income against a $1,132/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50833, Bedford, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,093 (100%) |
| Owner Occupied HU | 735 (67.2%) |
| Renter Occupied HU | 215 (19.7%) |
| Vacant Housing Units | 143 (13.1%) |
| Median Home Value | $122,669 |
| Average Home Value | $180,378 |
Housing Distribution
Address Breakdown
Residential
932
Single Family
925
Multi-Family
7
Businesses
108
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