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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% |
Rental property for sale in Creston at 1022 Crest Dr, Creston, IA, 50801 generates $1,080/mo in rent, after a $1,415/mo payment. Total monthly income is $1,080/mo. Return on cash invested sits at 9.92% in year one, and rental yield is 4.48% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 49.69% and total cumulative return in cash sums $47,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
10,018 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 |
|---|---|---|
| 2024-07-18 | Price change | $289,000 |
| 2024-05-21 | Listed for sale | $304,800 |
| 2023-07-10 | Sold | $38,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2252.00 | 0.90% | $108,310 | 16.10% |
| 2022-10-16 | $2232.00 | 2.29% | $93,290 | N/A |
| 2021-10-16 | $2182.00 | -7.69% | $93,290 | 7.51% |
Listed by: Emmy Key • Our Town Realty, LLC
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6317576
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.
