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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 Atlantic at 1315 Birch St, Atlantic, IA, 50022 generates $1,832/mo in rent and, after a $1,268/mo payment, leaves $150/mo in cash flow. Total monthly income is $1,832/mo, and annual cash flow is $1,795/yr on $85,859 invested. Return on cash invested sits at 22% in year one, and rental yield is 8.49% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 114.46% and total cumulative return in cash sums $98,272. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,832/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.41 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 |
|---|---|---|
| 2025-09-30 | Sold | $259,000 |
| 2025-09-08 | Pending sale | $270,000 |
| 2025-07-11 | Listed for sale | $270,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $3898.00 | 4.17% | $213,920 | N/A |
| 2023-10-15 | $3742.00 | 1.74% | $213,920 | 16.60% |
| 2022-10-15 | $3678.00 | 2.11% | $183,460 | N/A |
Listed by: Krista Young • Meyer & Gross Real Estate Co
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329585
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.
