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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% |
Rental property for sale in Newton at 121 W 11th St S, Newton, IA, 50208 generates $1,283/mo in rent and, after a $538/mo payment, leaves $523/mo in cash flow. Total monthly income is $1,283/mo, and annual cash flow is $6,270/yr on $36,465 invested. Return on cash invested sits at 37.1% in year one, and rental yield is 14% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 196.03% and total cumulative return in cash sums $71,484. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,283/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
9,282 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50208, Newton, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,966 (100%) |
| Owner Occupied HU | 5,655 (63.1%) |
| Renter Occupied HU | 2,601 (29.0%) |
| Vacant Housing Units | 710 ( 7.9%) |
| Median Home Value | $171,711 |
| Average Home Value | $218,468 |
Residential
8,615
Single Family
7,477
Multi-Family
1,138
Businesses
647
Date | Event | Price |
|---|---|---|
| 2024-12-10 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $2230.00 | 6.39% | $117,250 | 16.74% |
| 2022-01-27 | $2096.00 | 5.86% | $100,440 | 6.65% |
| 2021-01-27 | $1980.00 | 1.61% | $94,180 | 11.53% |
Listed by: Ed Siddall • First Choice Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #708819
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.
