








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 Creston at 1303 Hewitt St, Creston, IA, 50801 with 5% annual appreciation on a $199,900 basis while $1,272/mo rent supports operations. 44% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 7.64%. Five-year ROI measures 100.81% and total cumulative return in cash totals $66,805. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,272/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1892
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50801, Creston, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,417 (100%) |
| Owner Occupied HU | 2,674 (60.5%) |
| Renter Occupied HU | 1,246 (28.2%) |
| Vacant Housing Units | 497 (11.3%) |
| Median Home Value | $133,418 |
| Average Home Value | $182,572 |
Residential
3,973
Single Family
3,619
Multi-Family
354
Businesses
385
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $199,900 |
| 2024-08-17 | Listing removed | N/A |
| 2024-06-19 | Price change | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $2050.00 | -10.09% | $105,380 | -1.50% |
| 2023-04-09 | $2280.00 | 0.88% | $106,980 | 13.22% |
| 2022-04-09 | $2260.00 | -19.29% | $94,490 | N/A |



Listed by: Maury Moore • Preferred Properties of Iowa, Inc.
Mls Name: My State MLS
Mls ID: #11467627