602 Chayse St SWBondurantIA50035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Bondurant at 602 Chayse St SW, Bondurant, IA, 50035 listed at $497,000 pairs $2,936/mo rent with a $2,433/mo payment. Total monthly income runs $2,936/mo. Return on cash invested measures 17.72% in year one, and rental yield registers 7.09% at a $497,000 basis. Equity gained on principal adds $3,207/yr, and annual property appreciation at 5% supports $137,312 by year five. Five-year ROI tracks 91.53% and total cumulative return in cash totals $150,806. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,936/mo property income relative to a $2,433/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
10,367 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50035, Bondurant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,867 (85.5%) |
| Renter Occupied HU | 413 (12.3%) |
| Vacant Housing Units | 72 ( 2.1%) |
| Median Home Value | $343,186 |
| Average Home Value | $374,950 |
Housing Distribution
Address Breakdown
Residential
3,637
Single Family
3,194
Multi-Family
443
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dakotah Reed • Iowa Realty Ankeny
Mls Name: DMMLS
Mls Provider:
Mls ID: #724220
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.