700 N 7th 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 700 N 7th St, Bellevue, IA, 52031 offers a 6.05% rental yield on a $270,000 purchase with $1,361/mo rent. 64% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 74.99% and total cumulative return in cash at $67,117. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,361/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1865
0.64 Acres 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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