








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 Shenandoah at 1410 S Elm St, Shenandoah, IA, 51601 earns from $1,408/mo rent with a $1,786/mo payment. Total monthly income totals $1,408/mo. ROI tracks 10.37% on current figures, and rental yield reads 4.63% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 52.06% and total cumulative return in cash sums $62,995. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,408/mo property income instead of your personal income.
Single Family
Built in 1939
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51601, Shenandoah, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 1,629 (56.1%) |
| Renter Occupied HU | 937 (32.3%) |
| Vacant Housing Units | 339 (11.7%) |
| Median Home Value | $134,422 |
| Average Home Value | $177,239 |
Residential
2,593
Single Family
2,292
Multi-Family
301
Businesses
292
Date | Event | Price |
|---|---|---|
| 2025-05-09 | Listed for sale | $365,000 |
| 2019-10-29 | Sold | $205,000 |
| 2019-09-17 | Pending sale | $224,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-13 | $4670.00 | 6.77% | $250,680 | N/A |
| 2023-05-13 | $4374.00 | 5.25% | $250,680 | 12.72% |
| 2022-05-13 | $4156.00 | 9.60% | $222,400 | 6.92% |



Listed by: Julie O'hara • Jim Hughes Real Estate
Mls Name: My State MLS
Mls ID: #11493202