








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fairfield at 503 W Carpenter Ave, Fairfield, IA, 52556 at $129,000 posts ROI 20.52% with $22/mo cash flow from $859/mo rent. Total monthly income equals $859/mo, and annual cash flow records $259/yr on $42,764 to close. Return on cash invested measures 20.52% and rental yield reads 7.99% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 106.52% and total cumulative return in cash totals $45,553.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $859/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52556, Fairfield, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,288 (100%) |
| Owner Occupied HU | 3,507 (55.8%) |
| Renter Occupied HU | 2,071 (32.9%) |
| Vacant Housing Units | 710 (11.3%) |
| Median Home Value | $188,780 |
| Average Home Value | $222,983 |
Residential
5,728
Single Family
5,280
Multi-Family
448
Businesses
820
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Tammy Dunbar • Fairfield Real Estate
Mls Name: NoCoast MLS
Mls ID: #6331296