








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Creston at 1000 N Division St, Creston, IA, 50801 listed at $152,900 pairs $1,191/mo rent with a $748/mo payment to leave $198/mo cash flow. Total monthly income runs $1,191/mo, and annual cash flow reaches $2,380/yr on $50,686 cash to close. Return on cash invested measures 24.61% in year one, and rental yield registers 9.35% at a $152,900 basis. Equity gained on principal adds $987/yr, and annual property appreciation at 5% supports $42,243 by year five. Five-year ROI tracks 128.49% and total cumulative return in cash totals $65,128. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,191/mo property income relative to a $748/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50801, Creston, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,417 (100%) |
| Owner Occupied HU | 2,674 (60.5%) |
| Renter Occupied HU | 1,246 (28.2%) |
| Vacant Housing Units | 497 (11.3%) |
| Median Home Value | $133,418 |
| Average Home Value | $182,572 |
Residential
3,973
Single Family
3,619
Multi-Family
354
Businesses
385
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jordan Nelson • Creston Realty
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6332848