








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 Hiawatha at 115 10th Ave, Hiawatha, IA, 52233 listed at $200,000 pairs $1,560/mo rent with a $979/mo payment to leave $261/mo cash flow. Total monthly income runs $1,560/mo, and annual cash flow reaches $3,132/yr on $66,300 cash to close. Return on cash invested measures 24.63% in year one, and rental yield registers 9.36% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 128.57% and total cumulative return in cash totals $85,244. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52233, Hiawatha, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,235 (100%) |
| Owner Occupied HU | 1,934 (59.8%) |
| Renter Occupied HU | 1,107 (34.2%) |
| Vacant Housing Units | 194 ( 6.0%) |
| Median Home Value | $226,802 |
| Average Home Value | $227,545 |
Residential
3,357
Single Family
2,339
Multi-Family
1,018
Businesses
566
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $2932.00 | -1.74% | $193,200 | -1.33% |
| 2023-04-18 | $2984.00 | 1.36% | $195,800 | 25.51% |
| 2022-04-18 | $2944.00 | -13.16% | $156,000 | N/A |



Listed by: Amy Starr • Keller Williams Legacy Group
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502712
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.