713 Elizabeth Ln 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
Investment property for sale in Bondurant at 713 Elizabeth Ln NW, Bondurant, IA, 50035 uses $102,765 cash to close to unlock $10,536/yr annual cash flow and $878/mo monthly cash flow. Total monthly income runs $2,891/mo, and a $1,517/mo payment keeps the spread at $878/mo. Purchase price stands at $310,000, and rental yield measures 11.19% with $2,891/mo rent. Return on cash invested shows 30.16% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 158.2% and total cumulative return in cash records $162,571. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,891/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 2019
4,356 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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