612 State StBellevueIA52031
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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 Bellevue at 612 State St, Bellevue, IA, 52031 at $140,000 posts ROI 24.85% with $191/mo cash flow from $1,100/mo rent. Total monthly income equals $1,100/mo, and annual cash flow records $2,292/yr on $46,410 to close. Return on cash invested measures 24.85% and rental yield reads 9.43% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 129.72% and total cumulative return in cash totals $60,202.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,100/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1898
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52031, Bellevue, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,451 (100%) |
| Owner Occupied HU | 1,784 (72.8%) |
| Renter Occupied HU | 376 (15.3%) |
| Vacant Housing Units | 291 (11.9%) |
| Median Home Value | $258,844 |
| Average Home Value | $324,631 |
Housing Distribution
Address Breakdown
Residential
2,192
Single Family
2,148
Multi-Family
44
Businesses
139
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