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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bloomfield at 407 E Locust St, Bloomfield, IA, 52537 generates $1,259/mo in rent and, after a $661/mo payment, leaves $337/mo in cash flow. Total monthly income is $1,259/mo, and annual cash flow is $4,040/yr on $44,753 invested. Return on cash invested sits at 28.94% in year one, and rental yield is 11.19% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 152.14% and total cumulative return in cash sums $68,089. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,259/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52537, Bloomfield, IA area.
| 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 |
Residential
2,852
Single Family
2,807
Multi-Family
45
Businesses
313
Date | Event | Price |
|---|---|---|
| 2024-09-05 | Price change | $135,000 |
| 2024-07-16 | Listed for sale | $145,000 |
| 2007-12-03 | Sold | $59,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2596.00 | 23.97% | $110,960 | 7.98% |
| 2022-10-15 | $2094.00 | 6.95% | $102,760 | 22.58% |
| 2021-10-15 | $1958.00 | -0.41% | $83,830 | 8.62% |
Listed by: Kayla Miller • Bogle Realty LLC
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6319282
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.
