712 Mallard Pointe Dr NWBondurantIA50035
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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 712 Mallard Pointe Dr NW, Bondurant, IA, 50035 priced at $430,000 pairs $2,875/mo rent with $41/mo cash flow after a $2,105/mo payment. Total monthly income equals $2,875/mo, and annual cash flow comes to $489/yr on $142,545 invested. Return on cash invested is 20.25% in year one, and rental yield stands at 8.02% on a $430,000 basis. Equity gained on principal adds $2,775/yr, and 5% annual appreciation accumulates to $118,801 by year five. Five-year ROI measures 105.21% and total cumulative return in cash reaches $149,979. For financing, Ziffy Mortgage’s DSCR program evaluates $2,875/mo property income against a $2,105/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
10,802 sqft lot
$N/A/sqft
No 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: Jerry Steenhoek • Iowa Realty Waukee
Mls Name: DMMLS
Mls Provider:
Mls ID: #720655
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.