








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 1454 238th St, Creston, IA, 50801 earns from $1,080/mo rent with a $1,273/mo payment. Total monthly income totals $1,080/mo. ROI tracks 11.43% on current figures, and rental yield reads 4.98% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 57.76% and total cumulative return in cash sums $49,781. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,080/mo property income instead of your personal income.
Single Family
Built in 1902
0.88 Acres 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 |
|---|---|---|
| 2024-09-19 | Listed for sale | $260,000 |
| 2024-08-24 | Listing removed | N/A |
| 2024-06-08 | Pending sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3026.00 | 94.97% | $200,020 | 17.78% |
| 2022-10-16 | $1552.00 | -6.17% | $169,820 | 84.13% |
| 2021-10-16 | $1654.00 | 0.54% | $92,230 | 10.10% |



Listed by: Nancy Loudon • Chris Lane Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321361
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.