Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Muscatine at 117 Sherman St, Muscatine, IA, 52761 with 5% annual appreciation on a $115,000 basis while $1,421/mo rent supports operations. Total monthly income totals $1,421/mo and a $563/mo payment preserves $669/mo for cash returns. Annual cash flow comes to $8,031/yr on $38,123 deployed, and return on cash invested reaches 40.97% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 14.83%. Five-year ROI measures 216.37% and total cumulative return in cash totals $82,485.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,421/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52761, Muscatine, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,426 (100%) |
| Owner Occupied HU | 8,606 (64.1%) |
| Renter Occupied HU | 3,567 (26.6%) |
| Vacant Housing Units | 1,253 ( 9.3%) |
| Median Home Value | $194,585 |
| Average Home Value | $256,286 |
Residential
12,837
Single Family
11,769
Multi-Family
1,068
Businesses
990
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $115,000 |
| 2024-10-05 | Pending sale | $115,000 |
| 2024-09-24 | Price change | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1806.00 | 1.01% | $103,276 | 14.98% |
| 2022-10-16 | $1788.00 | 1.48% | $89,820 | 2.48% |
| 2021-10-16 | $1762.00 | 2.06% | $87,650 | 6.68% |
Listed by: Rich Hartsock • Exit Realty Group
Mls Name: Muscatine BOR
Mls Provider:
Mls ID: #24-542
Disclaimer: Copyright Muscatine Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
