








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 Adel at 1501 S 7th St, Adel, IA, 50003 offers a 7.41% rental yield on a $410,000 purchase with $2,531/mo rent. 01% in year one. Equity gained on principal adds $2,646/yr while 5% annual appreciation supports $113,275 over five years. Portfolio math shows five-year ROI at 93.36% and total cumulative return in cash at $126,887. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,531/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.26 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Price change | $410,000 |
| 2024-07-29 | Price change | $425,000 |
| 2024-06-28 | Price change | $435,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $7224.00 | N/A | $418,190 | 12.73% |
| 2022-10-14 | N/A | N/A | $370,980 | 60716.39% |
| 2021-10-14 | $14.00 | 16.67% | $610 | -99.79% |



Listed by: Adam Bugbee • EXP Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #696201
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