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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 Van Wert at 12197 211th Ave, Van Wert, IA, 50262 offers a 5.55% rental yield on a $310,000 purchase with $1,434/mo rent. 15% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 66.98% and total cumulative return in cash at $68,827. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,434/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
8 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50262, Van Wert, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 224 (100%) |
| Owner Occupied HU | 158 (70.5%) |
| Renter Occupied HU | 28 (12.5%) |
| Vacant Housing Units | 38 (17.0%) |
| Median Home Value | $202,500 |
| Average Home Value | $245,032 |
Residential
144
Single Family
144
Multi-Family
0
Businesses
9
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: Heath Martin • Midwest Land Group LLC
Mls Name: DMMLS
Mls ID: #724078
