416 N Madison StBloomfieldIA52537
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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 Bloomfield at 416 N Madison St, Bloomfield, IA, 52537 at $179,000 posts ROI 13.39% with from $840/mo rent. Total monthly income equals $840/mo. Return on cash invested measures 13.39% and rental yield reads 5.63% at the current $179,000. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 by year five. Five-year ROI prints 68.3% and total cumulative return in cash totals $40,527. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $840/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52537, Bloomfield, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,807
Multi-Family
45
Businesses
313
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Listed by: Angela R Scott • Davis County Realtors
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6333481