Lacona Plan, FeatherstoneBondurantIA50035
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
Rental property for sale in Bondurant at Lacona Plan, Featherstone, Bondurant, IA, 50035 priced at $305,200 converts $2,394/mo rent into $412/mo cash flow after a $1,494/mo obligation. Total monthly income equals $2,394/mo, and annual cash flow totals $4,940/yr on $101,174 invested. Return on cash invested prints 24.79% in year one, and rental yield reads 9.41% against a $305,200 entry. Equity gained on principal adds $1,969/yr, while 5% annual appreciation compiles into $84,321 by year five. Five-year ROI reaches 129.44% and total cumulative return in cash sums $130,956. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,394/mo property income covering a $1,494/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No 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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