112 E Tuttle St, Norway, IA, 52318 | $98/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

112 E Tuttle St, Norway, IA, 52318 | $98/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1968 sft

1942 S Ave, South Amana, IA, 52334

5 Bed
2 Bath
1929 sft

1804 8th Ave, Belle Plaine, IA, 52208

Investment Property+ 1 more

1 Bed
2 Bath
2048 sft

100 W Maple St, Williamsburg, IA, 52361

2 Bed
1 Bath
1106 sft

1694 Benton Iowa Rd, Luzerne, IA, 52257

Nearby investment properties with comparable prices

3 Bed
2 Bath
1526 sft

1502 9th Ave, Belle Plaine, IA, 52208

2 Bed
2 Bath
1044 sft

1606 13th Ave, Belle Plaine, IA, 52208

5 Bed
2 Bath
2226 sft

108 Lincoln St, Norway, IA, 52318

3 Bed
1 Bath
1552 sft

897 Lafayette Ave, Marengo, IA, 52301

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Norway at 112 E Tuttle St, Norway, IA, 52318 offers $1,063/mo rent that, after a $727/mo payment, leaves $98/mo cash flow. Total monthly income is $1,063/mo, and annual cash flow is $1,181/yr on $49,228 cash. Return on cash invested measures 22.31% in year one, and rental yield stands at 8.59% at a $148,500 entry. Equity gained on principal adds $958/yr while 5% annual appreciation compounds into $41,028 by year five. Five-year ROI records 116.18% and total cumulative return in cash reaches $57,195. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,063/mo property income versus a $727/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1865

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Desirable two-story home in a friendly small-town setting, designed for comfortable living and practical storage. The main floor welcomes you with a warm living room and a dining area that beautifully frames a window-perfect view into the kitchen, making entertaining effortless. Main level laundry, and all appliances included. The well-appointed, roomy kitchen flows smoothly for daily use, offering thoughtful layout and ample space for meal prep and gatherings. A flexible bonus room sits on the second-story landing, ready to become a home office, play area, or denadapting to your family's needs. One bedroom features a walk-in closet for plentiful storage, while an oversized one-stall garage provides extra space for a vehicle and belongings. Recent updates include fresh painting and new carpet, delivering a move-in-ready feel. Embrace the charm of small-town living in this inviting home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 52318, Norway, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	393 (100%)
Owner Occupied HU	319 (81.2%)
Renter Occupied HU	43 (10.9%)
Vacant Housing Units	31 ( 7.9%)
Median Home Value	$248,529
Average Home Value	$250,274