717 37th 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
Investment property for sale in Bondurant at 717 37th St SW, Bondurant, IA, 50035 uses $105,715 cash to close to unlock $256/yr annual cash flow and $21/mo monthly cash flow. Total monthly income runs $2,169/mo, and a $1,561/mo payment keeps the spread at $21/mo. Purchase price stands at $318,900, and rental yield measures 8.16% with $2,169/mo rent. Return on cash invested shows 20.15% in year one, and 5% annual appreciation builds toward $88,106 over five years. Five-year ROI reaches 104.88% and total cumulative return in cash records $110,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,169/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 2017
6,185 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: Jill Rich • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #716415
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.