




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 Corning at 1403 Benton Ave, Corning, IA, 50841 uses $55,924 cash to close to unlock $1,417/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $1,214/mo, and a $826/mo payment keeps the spread at $118/mo. Purchase price stands at $168,700, and rental yield measures 8.64% with $1,214/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $46,609 over five years. Five-year ROI reaches 116.9% and total cumulative return in cash records $65,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,214/mo property income covering a $826/mo payment rather than investor’s personal income.
Single Family
Built in 1977
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50841, Corning, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 856 (63.6%) |
| Renter Occupied HU | 282 (21.0%) |
| Vacant Housing Units | 207 (15.4%) |
| Median Home Value | $129,730 |
| Average Home Value | $211,168 |
Residential
1,208
Single Family
1,188
Multi-Family
20
Businesses
141
Date | Event | Price |
|---|---|---|
| 2025-08-31 | Listing removed | $149,900 |
| 2025-05-12 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $574.00 | 14.34% | $29,800 | N/A |
| 2023-10-23 | $502.00 | -76.12% | $29,800 | 31.86% |
| 2022-10-23 | $2102.00 | 2.94% | $22,600 | -76.06% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A