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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 Shenandoah at 1508 Maple St, Shenandoah, IA, 51601 generates $2,036/mo in rent, after a $1,713/mo payment. Total monthly income is $2,036/mo. Return on cash invested sits at 17.46% in year one, and rental yield is 6.98% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 90.08% and total cumulative return in cash sums $104,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,036/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.47 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 |
|---|---|---|
| 2025-05-28 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-01 | $4834.00 | 4.27% | $277,000 | N/A |
| 2023-06-01 | $4636.00 | 12.47% | $277,000 | 13.26% |
| 2022-06-01 | $4122.00 | 9.86% | $244,580 | 13.58% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
