70 E Cemetery RdFairfaxIA52228
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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
Rental property for sale in Fairfax at 70 E Cemetery Rd, Fairfax, IA, 52228 priced at $305,000 converts $3,388/mo rent into $1,407/mo cash flow after a $1,493/mo obligation. Total monthly income equals $3,388/mo, and annual cash flow totals $16,884/yr on $101,108 invested. Return on cash invested prints 36.61% in year one, and rental yield reads 13.33% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. Five-year ROI reaches 192.78% and total cumulative return in cash sums $194,914. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,388/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.97 Acres lot
$N/A/sqft
No HOA
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Listed by: Mike St. Andrews • GRAF REAL ESTATE, ERA POWERED
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2508646
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