816 35th 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 816 35th St SW, Bondurant, IA, 50035 uses $95,141 cash to close to unlock $6,478/yr annual cash flow and $540/mo monthly cash flow. Total monthly income runs $2,444/mo, and a $1,405/mo payment keeps the spread at $540/mo. Purchase price stands at $287,000, and rental yield measures 10.22% with $2,444/mo rent. Return on cash invested shows 26.72% in year one, and 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 139.95% and total cumulative return in cash records $133,150. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,444/mo property income covering a $1,405/mo payment rather than investor’s personal income.
Single Family
Built in 2007
6,490 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: Kris Hutchinson • RE/MAX Hilltop
Mls Name: DMMLS
Mls Provider:
Mls ID: #723783
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.