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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 Adel at 1418 Rapids St, Adel, IA, 50003 generates $1,932/mo in rent and, after a $1,383/mo payment, leaves $97/mo in cash flow. Total monthly income is $1,932/mo, and annual cash flow is $1,164/yr on $93,649 invested. Return on cash invested sits at 21.15% in year one, and rental yield is 8.21% on a $282,500 entry. Equity gained on principal adds $1,823/yr, while 5% annual appreciation builds toward $78,050 over five years. Five-year ROI reaches 109.91% and total cumulative return in cash sums $102,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,932/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
0.32 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-08-14 | Sold | $282,500 |
| 2025-06-17 | Pending sale | $275,000 |
| 2025-06-12 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $3882.00 | -2.32% | $234,140 | N/A |
| 2023-10-23 | $3974.00 | 8.22% | $234,140 | 12.56% |
| 2022-10-23 | $3672.00 | -0.27% | $208,020 | 6.97% |
Listed by: Amy Lucht • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #720098
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.
