704 36th St SWBondurantIA50035
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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 Bondurant at 704 36th St SW, Bondurant, IA, 50035 generates $1,982/mo in rent and, after a $1,317/mo payment, leaves $195/mo in cash flow. Total monthly income is $1,982/mo, and annual cash flow is $2,335/yr on $89,174 invested. Return on cash invested sits at 22.53% in year one, and rental yield is 8.84% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 117.48% and total cumulative return in cash sums $104,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,982/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
6,272 sqft lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50035, Bondurant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,867 (85.5%) |
| Renter Occupied HU | 413 (12.3%) |
| Vacant Housing Units | 72 ( 2.1%) |
| Median Home Value | $343,186 |
| Average Home Value | $374,950 |
Housing Distribution
Address Breakdown
Residential
3,637
Single Family
3,194
Multi-Family
443
Businesses
171
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Listed by: Cathy Stevermer • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #721870
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.