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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 Norwalk at 101 Sycamore Ln, Norwalk, IA, 50211 uses $76,245 cash to close to unlock $3,030/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,956/mo, and a $1,126/mo payment keeps the spread at $253/mo. Purchase price stands at $230,000, and rental yield measures 10.21% with $1,956/mo rent. Return on cash invested shows 23.88% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 125.78% and total cumulative return in cash records $95,899. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,956/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Condo
Built in 2017
N/A lot
$N/A/sqft
$175 monthly HOA
Neighborhood data shown for ZIP Code: 50211, Norwalk, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,447 (100%) |
| Owner Occupied HU | 5,103 (79.2%) |
| Renter Occupied HU | 1,010 (15.7%) |
| Vacant Housing Units | 334 ( 5.2%) |
| Median Home Value | $312,678 |
| Average Home Value | $345,686 |
Residential
6,803
Single Family
6,186
Multi-Family
617
Businesses
254
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $230,000 |
| 2018-03-16 | Sold | $175,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | $3910.00 | 30.16% | $218,200 | N/A |
| 2023-06-30 | $3004.00 | 0.33% | $218,200 | 52.37% |
| 2022-06-30 | $2994.00 | 5.65% | $143,200 | N/A |
Listed by: Cary Claiborne • Iowa Realty Ankeny
Mls Name: DMMLS
Mls Provider:
Mls ID: #721052
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
