75 Landon 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 75 Landon Dr NW, Bondurant, IA, 50035 generates $2,887/mo in rent and, after a $2,105/mo payment, leaves $33/mo in cash flow. Total monthly income is $2,887/mo, and annual cash flow is $400/yr on $142,545 invested. Return on cash invested sits at 20.19% in year one, and rental yield is 8.06% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 104.95% and total cumulative return in cash sums $149,607. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,887/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
8,712 sqft lot
$N/A/sqft
$100 annually 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: Paula Swenson • Re/Max Precision Ankeny Uptown
Mls Name: CIBR
Mls Provider:
Mls ID: #65857
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.