








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


Rental property for sale in Bloomfield at 602 N Washington St, Bloomfield, IA, 52537 priced at $219,300 pairs $1,703/mo rent with $74/mo cash flow after a $1,073/mo payment. Total monthly income equals $1,703/mo, and annual cash flow comes to $885/yr on $72,698 invested. Return on cash invested is 21.13% in year one, and rental yield stands at 9.32% on a $219,300 basis. Equity gained on principal adds $1,415/yr, and 5% annual appreciation accumulates to $60,589 by year five. Five-year ROI measures 111% and total cumulative return in cash reaches $80,695. For financing, Ziffy Mortgage’s DSCR program evaluates $1,703/mo property income against a $1,073/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
0.46 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 |
|---|---|---|
| 2025-09-12 | Sold | $219,300 |
| 2025-08-19 | Pending sale | $249,900 |
| 2025-07-21 | Price change | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $5798.00 | -10.28% | $274,510 | N/A |
| 2023-10-21 | $6462.00 | 11.68% | $274,510 | 3.69% |
| 2022-10-21 | $5786.00 | 2.84% | $264,740 | 10.05% |



Listed by: Maren R Harris • Davis County Realtors
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6321035
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-20 23:57:21 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#7734)