Springdale Plan, Chesterfield EstatesJohnstonIA50131
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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 Johnston at Springdale Plan, Chesterfield Estates, Johnston, IA, 50131 offers $4,096/mo rent that, after a $4,502/mo payment. Total monthly income is $4,096/mo. Return on cash invested measures 12.61% in year one, and rental yield stands at 5.34% at a $919,900 entry. Equity gained on principal adds $5,936/yr while 5% annual appreciation compounds into $254,151 by year five. Five-year ROI records 64.1% and total cumulative return in cash reaches $193,999. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,096/mo property income versus a $4,502/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
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