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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Newton at 1008 1st St N, Newton, IA, 50208 listed at $110,000 pairs $877/mo rent with a $538/mo payment to leave $163/mo cash flow. Total monthly income runs $877/mo, and annual cash flow reaches $1,956/yr on $36,465 cash to close. Return on cash invested measures 25.27% in year one, and rental yield registers 9.57% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 131.96% and total cumulative return in cash totals $48,120. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $877/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50208, Newton, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,966 (100%) |
| Owner Occupied HU | 5,655 (63.1%) |
| Renter Occupied HU | 2,601 (29.0%) |
| Vacant Housing Units | 710 ( 7.9%) |
| Median Home Value | $171,711 |
| Average Home Value | $218,468 |
Residential
8,615
Single Family
7,477
Multi-Family
1,138
Businesses
647
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: Wendy Wagner • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #731818
