








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 Newton at 110 N 2nd Ave W, Newton, IA, 50208 listed at $215,900 pairs $750/mo rent with a $1,057/mo payment. Total monthly income runs $750/mo. Return on cash invested measures 8.97% in year one, and rental yield registers 4.17% at a $215,900 basis. Equity gained on principal adds $1,393/yr, and annual property appreciation at 5% supports $59,649 by year five. Five-year ROI tracks 44.61% and total cumulative return in cash totals $31,928. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $750/mo property income relative to a $1,057/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1875
1,848 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50208, Newton, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,966 (100%) |
| Owner Occupied HU | 5,655 (63.1%) |
| Renter Occupied HU | 2,601 (29.0%) |
| Vacant Housing Units | 710 ( 7.9%) |
| Median Home Value | $171,711 |
| Average Home Value | $218,468 |
Residential
8,615
Single Family
7,477
Multi-Family
1,138
Businesses
647
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Price change | $215,900 |
| 2024-07-21 | Price change | $225,000 |
| 2024-04-05 | Listed for sale | $228,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2678.00 | -8.48% | $172,380 | 48.28% |
| 2022-10-15 | $2926.00 | -6.16% | $116,250 | -10.87% |
| 2021-10-15 | $3118.00 | -32.36% | $130,430 | N/A |



Listed by: Evan Corey • Real Estate Solutions
Mls Name: DMMLS
Mls Provider:
Mls ID: #692743
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.