








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 Mount Pleasant at 1105 N Palm Ave, Mount Pleasant, IA, 52641 with 5% annual appreciation on a $289,900 basis while $720/mo rent supports operations. 39% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 2.98%. Five-year ROI measures 25.41% and total cumulative return in cash totals $24,417. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $720/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52641, Mount Pleasant, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,051 (100%) |
| Owner Occupied HU | 3,191 (63.2%) |
| Renter Occupied HU | 1,428 (28.3%) |
| Vacant Housing Units | 432 ( 8.6%) |
| Median Home Value | $175,163 |
| Average Home Value | $210,482 |
Residential
4,848
Single Family
4,458
Multi-Family
390
Businesses
517
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Price change | $289,900 |
| 2024-12-20 | Price change | $299,999 |
| 2024-10-24 | Listed for sale | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-01 | $3114.00 | -8.30% | $196,070 | N/A |
| 2023-05-01 | $3396.00 | 2.60% | $196,070 | 17.25% |
| 2022-05-01 | $3310.00 | 1.04% | $167,220 | N/A |



Listed by: Holly J Burden • Cottage Realty LLC
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6322467
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.