Jordan AveFontanelleIA50846
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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 Fontanelle at Jordan Ave, Fontanelle, IA, 50846 earns from $720/mo rent with a $2,308/mo payment. Total monthly income totals $720/mo. ROI tracks 1.93% on current figures, and rental yield reads 1.83% at a $471,600 purchase. Equity gained on principal adds $3,043/yr, and 5% annual appreciation supports $130,294 over five years. Five-year ROI reaches 6.82% and total cumulative return in cash sums $10,663. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $720/mo property income instead of your personal income.
Single Family
Built in N/A
65.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50846, Fontanelle, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 403 (73.5%) |
| Renter Occupied HU | 76 (13.9%) |
| Vacant Housing Units | 69 (12.6%) |
| Median Home Value | $123,904 |
| Average Home Value | $221,904 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
323
Multi-Family
12
Businesses
21
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Listed by: Doug Hensley • Hertz Real Estate Services
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6332864