52A Scarlet AveBloomfieldIA52537
Nearby investment properties with comparable rents
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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
Rental property for sale in Bloomfield at 52A Scarlet Ave, Bloomfield, IA, 52537 priced at $399,500 converts $840/mo rent into after a $1,955/mo obligation. Total monthly income equals $840/mo. Return on cash invested prints 4.01% in year one, and rental yield reads 2.52% against a $399,500 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation compiles into $110,374 by year five. Five-year ROI reaches 18% and total cumulative return in cash sums $23,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $840/mo property income covering a $1,955/mo payment, not borrower’s personal income.
Single Family
Built in N/A
52 Acres 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: A.J. Brown • Davis County Realtors
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6333389