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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 Creston at 1405 Hewitt St, Creston, IA, 50801 at $175,000 posts ROI 35.46% with $752/mo cash flow from $1,920/mo rent. Total monthly income equals $1,920/mo, and annual cash flow records $9,023/yr on $58,013 to close. Return on cash invested measures 35.46% and rental yield reads 13.17% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 186.88% and total cumulative return in cash totals $108,415.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
7,840 sqft 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 |
|---|---|---|
| 2024-09-12 | Price change | $175,000 |
| 2024-08-16 | Listed for sale | $178,500 |
| 2023-05-24 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3032.00 | 1.00% | $160,140 | 16.12% |
| 2022-10-16 | $3002.00 | 2.95% | $137,910 | N/A |
| 2021-10-16 | $2916.00 | -5.42% | $137,910 | 7.91% |
Listed by: Dino Groumoutis • Creston Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6320333
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.
