








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


Total monthly income runs $824/mo, and a $1,101/mo payment. Purchase price stands at $225,000, and rental yield measures 4.39% with $824/mo rent. Return on cash invested shows 6.76% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 33.81% and total cumulative return in cash records $25,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $824/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1900
4,356 sqft lot
$N/A/sqft
$180 monthly 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 |
|---|---|---|
| 2025-07-15 | Price change | $225,000 |
| 2025-04-01 | Listed for sale | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Joanne Terrien • Village Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329740
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.