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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 Newton at 1439 N 6th Ave E, Newton, IA, 50208 offers a 7.91% rental yield on a $359,000 purchase with $2,365/mo rent. Total monthly income registers $2,365/mo, and a $1,757/mo payment leaves $34/mo available for distribution. Annual cash flow reaches $403/yr on $119,009 to close, and return on cash invested stands at 20.25% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 105.06% and total cumulative return in cash at $125,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,365/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50208, Newton, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,966 (100%) |
| Owner Occupied HU | 5,655 (63.1%) |
| Renter Occupied HU | 2,601 (29.0%) |
| Vacant Housing Units | 710 ( 7.9%) |
| Median Home Value | $171,711 |
| Average Home Value | $218,468 |
Residential
8,615
Single Family
7,477
Multi-Family
1,138
Businesses
647
Date | Event | Price |
|---|---|---|
| 2025-08-08 | Listed for sale | $359,000 |
| 2025-07-18 | Listing removed | N/A |
| 2025-07-09 | Listed for sale | $359,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-12 | $4954.00 | -0.88% | $273,430 | N/A |
| 2023-08-12 | $4998.00 | 8.65% | $273,430 | 16.90% |
| 2022-08-12 | $4600.00 | -0.22% | $233,910 | 8.42% |
Listed by: Chris Behun • Iowa Realty Newton
Mls Name: DMMLS
Mls Provider:
Mls ID: #723886
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.
