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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 Atlantic at 1310 Chestnut St, Atlantic, IA, 50022 earns from $2,400/mo rent with a $1,884/mo payment. Total monthly income totals $2,400/mo. ROI tracks 18.97% on current figures, and rental yield reads 7.48% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 98.19% and total cumulative return in cash sums $125,314. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 1885
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50022, Atlantic, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,911 (100%) |
| Owner Occupied HU | 2,454 (62.7%) |
| Renter Occupied HU | 1,141 (29.2%) |
| Vacant Housing Units | 316 ( 8.1%) |
| Median Home Value | $167,337 |
| Average Home Value | $225,992 |
Residential
3,758
Single Family
3,386
Multi-Family
372
Businesses
430
Date | Event | Price |
|---|---|---|
| 2024-09-17 | Price change | $385,000 |
| 2024-08-30 | Price change | $395,000 |
| 2024-08-07 | Price change | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | N/A | N/A | $77,790 | 19.81% |
| 2022-10-14 | N/A | N/A | $64,930 | N/A |
| 2021-10-14 | $1384.00 | 1.62% | $64,930 | 5.63% |
Listed by: Krista Young • Meyer & Gross Real Estate Co
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6317974
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.
