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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% |
Investment property for sale in Corning at 1110 8th St, Corning, IA, 50841 uses $69,615 cash to close to unlock $168/yr annual cash flow and $14/mo monthly cash flow. Total monthly income runs $1,378/mo, and a $1,028/mo payment keeps the spread at $14/mo. Purchase price stands at $210,000, and rental yield measures 7.87% with $1,378/mo rent. Return on cash invested shows 20.15% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 104.52% and total cumulative return in cash records $72,760. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,378/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1975
2.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50841, Corning, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 856 (63.6%) |
| Renter Occupied HU | 282 (21.0%) |
| Vacant Housing Units | 207 (15.4%) |
| Median Home Value | $129,730 |
| Average Home Value | $211,168 |
Residential
1,208
Single Family
1,188
Multi-Family
20
Businesses
141
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jacy Larson • Preferred Properties of Iowa, Inc.
Mls Name: My State MLS
Mls ID: #11573834
