








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


Rental property for sale in Gilman at 101 E Washington St, Gilman, IA, 50106 generates $784/mo in rent and, after a $499/mo payment, leaves $122/mo in cash flow. Total monthly income is $784/mo, and annual cash flow is $1,462/yr on $33,813 invested. Return on cash invested sits at 24.23% in year one, and rental yield is 9.22% on a $102,000 entry. Equity gained on principal adds $658/yr, while 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 126.44% and total cumulative return in cash sums $42,752. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $784/mo property income rather than buyer’s personal income.
Single Family
Built in 1888
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50106, Gilman, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 339 (72.6%) |
| Renter Occupied HU | 92 (19.7%) |
| Vacant Housing Units | 36 ( 7.7%) |
| Median Home Value | $159,052 |
| Average Home Value | $213,142 |
Residential
359
Single Family
359
Multi-Family
0
Businesses
17
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $102,000 |
| 2025-04-29 | Pending sale | $102,000 |
| 2025-01-06 | Listed for sale | $102,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $580.29 | 47.75% | $43,340 | N/A |
| 2023-06-02 | $392.76 | 2.44% | $43,340 | 87.86% |
| 2022-06-02 | $383.42 | -5.66% | $23,070 | N/A |



Listed by: Valerie Bellile • 1st Rate Real Estate
Mls Name: CIBR
Mls Provider:
Mls ID: #66756
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.