540 E Southview Rd, Fairfax, IA, 52228 | $582/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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540 E Southview Rd, Fairfax, IA, 52228 | $582/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fairfax at 540 E Southview Rd, Fairfax, IA, 52228 with 5% annual appreciation on a $295,000 basis while $2,498/mo rent supports operations. Total monthly income totals $2,498/mo and a $1,444/mo payment preserves $582/mo for cash returns. Annual cash flow comes to $6,984/yr on $97,793 deployed, and return on cash invested reaches 27.05% in year one. Equity gained on principal adds $1,904/yr, and five-year appreciation sums $81,503 alongside rental yield of 10.16%. Five-year ROI measures 141.53% and total cumulative return in cash totals $138,410.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,498/mo property income versus a $1,444/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1979

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Priced almost 100k under assessed! If you are handy with tools and have a flair for renovation and design, this is your dream acreage! Newer septic, mechanicals and big ticket items! This home is ready for a new perspective and revitalization, instant sweat equity, this is a great opportunity to create that dream home just a hop, skip and jump from everything but far enough away that you feel tucked away from the hustle and bustle... your opportunity is ready for you! No interior photos are being taken so you'll need to come see it for yourself.