8624 Bromley PlJohnstonIA50131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Johnston at 8624 Bromley Pl, Johnston, IA, 50131 earns from $1,754/mo rent with a $1,268/mo payment. Total monthly income totals $1,754/mo. ROI tracks 17.56% on current figures, and rental yield reads 8.13% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 91.86% and total cumulative return in cash sums $78,868. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,754/mo property income instead of your personal income.
Condo
Built in 2002
2,526 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50131, Johnston, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,023 (100%) |
| Owner Occupied HU | 6,701 (60.8%) |
| Renter Occupied HU | 3,542 (32.1%) |
| Vacant Housing Units | 780 ( 7.1%) |
| Median Home Value | $379,844 |
| Average Home Value | $438,587 |
Housing Distribution
Address Breakdown
Residential
10,452
Single Family
8,790
Multi-Family
1,662
Businesses
712
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bach, Car • Madden Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #720553
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.