603 5th StBusseyIA50044
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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
Investment property for sale in Bussey at 603 5th St, Bussey, IA, 50044 offers a 0% rental yield on a $174,900 purchase with $0/mo rent. 6% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50044, Bussey, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 405 (100%) |
| Owner Occupied HU | 306 (75.6%) |
| Renter Occupied HU | 46 (11.4%) |
| Vacant Housing Units | 53 (13.1%) |
| Median Home Value | $176,667 |
| Average Home Value | $365,694 |
Housing Distribution
Address Breakdown
Residential
305
Single Family
305
Multi-Family
0
Businesses
20
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Listed by: Michelle Greene • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #714080
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.