








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 Bloomfield at 507 N Washington St, Bloomfield, IA, 52537 offers a 7.56% rental yield on a $199,900 purchase with $1,259/mo rent. 21% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 99.54% and total cumulative return in cash at $65,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,259/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.28 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Angela R Scott • Davis County Realtors
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6334310