








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 103 S Spruce St, Creston, IA, 50801 earns $333/mo cash flow from $1,080/mo rent with a $563/mo payment. Total monthly income totals $1,080/mo, and annual cash flow totals $3,996/yr on $38,123 capital. ROI tracks 30.39% on current figures, and rental yield reads 11.27% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 159.43% and total cumulative return in cash sums $60,777. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,080/mo property income instead of your personal income.
Single Family
Built in 1890
3,049 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 |
|---|---|---|
| 2025-04-22 | Listed for sale | $115,000 |
| 2022-11-02 | Sold | $30,000 |
| 2022-10-03 | Pending sale | $40,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $620.00 | -10.66% | $90,880 | 180.93% |
| 2023-04-25 | $694.00 | 0.87% | $32,350 | 12.56% |
| 2022-04-25 | $688.00 | -9.47% | $28,740 | N/A |



Listed by: Dino Groumoutis • Creston Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326890
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.