107 S Lincoln St, Van Wert, IA, 50262 | $52/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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107 S Lincoln St, Van Wert, IA, 50262 | $52/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Van Wert at 107 S Lincoln St, Van Wert, IA, 50262 generates $1,526/mo in rent and, after a $1,111/mo payment, leaves $52/mo in cash flow. Total monthly income is $1,526/mo, and annual cash flow is $622/yr on $75,251 invested. Return on cash invested sits at 20.74% in year one, and rental yield is 8.07% on a $227,000 entry. Equity gained on principal adds $1,465/yr, while 5% annual appreciation builds toward $62,716 over five years. Five-year ROI reaches 107.67% and total cumulative return in cash sums $81,025. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,526/mo property income rather than buyer’s personal income.

Single Family

Built in 1950

1.95 Acres lot

$N/A/sqft

No HOA

More details about the property

Own an entire city block with this rare in-town acreage! Situated on 1.572 acres, this charming 1 story home offers space, privacy, and modern updates while still being close to town conveniences. Inside, youll find a move-in ready 3-bedroom, 2-bath layout with an open-concept kitchen, dining, and living area perfect for gatherings. The main floor features a comfortable bedroom, while upstairs boasts two large bedrooms and an updated 3/4 bath including one bedroom with a closet so spacious it feels like another room. The lower level adds practicality with another 3/4 bath, laundry area, and abundant storage space, making everyday living easy and organized. Outdoor highlights include a reinforced front porch with new flooring, an enclosed back porch that doubles as a mudroom, and a large deck ideal for entertaining. A detached 2-car garage plus extra parking ensures plenty of room for vehicles, hobbies, or guests. With its expansive lot, versatile living spaces, and unique opportunity to own a whole city block, 107 Lincoln Street is ready to welcome you home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50262, Van Wert, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	224 (100%)
Owner Occupied HU	158 (70.5%)
Renter Occupied HU	28 (12.5%)
Vacant Housing Units	38 (17.0%)
Median Home Value	$202,500
Average Home Value	$245,032