








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 Winterset at 1233 W Washington St, Winterset, IA, 50273 offers a 10.09% rental yield on a $271,350 purchase with $2,281/mo rent. Total monthly income registers $2,281/mo, and a $1,328/mo payment leaves $464/mo available for distribution. Annual cash flow reaches $5,569/yr on $89,953 to close, and return on cash invested stands at 26.1% in year one. Equity gained on principal adds $1,751/yr while 5% annual appreciation supports $74,969 over five years. Portfolio math shows five-year ROI at 136.74% and total cumulative return in cash at $123,005. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,281/mo property income against a $1,328/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50273, Winterset, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,968 (100%) |
| Owner Occupied HU | 2,692 (67.8%) |
| Renter Occupied HU | 911 (23.0%) |
| Vacant Housing Units | 365 ( 9.2%) |
| Median Home Value | $228,438 |
| Average Home Value | $301,850 |
Residential
3,690
Single Family
3,511
Multi-Family
179
Businesses
308
Date | Event | Price |
|---|---|---|
| 2025-05-02 | Sold | $271,350 |
| 2025-04-01 | Pending sale | $285,000 |
| 2025-02-07 | Price change | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $4780.00 | -0.83% | $274,900 | N/A |
| 2023-10-19 | $4820.00 | -0.12% | $274,900 | 23.11% |
| 2022-10-19 | $4826.00 | -0.37% | $223,300 | N/A |



Listed by: Sarah Cowman • Homefront Real Estate, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #697226
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.