Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Mount Pleasant at 1525 240th St, Mount Pleasant, IA, 52641 uses $43,095 cash to close to unlock $9,312/yr annual cash flow and $776/mo monthly cash flow. Total monthly income runs $1,620/mo, and a $636/mo payment keeps the spread at $776/mo. Purchase price stands at $130,000, and rental yield measures 14.95% with $1,620/mo rent. Return on cash invested shows 41.52% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 219.09% and total cumulative return in cash records $94,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1870
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52641, Mount Pleasant, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,051 (100%) |
| Owner Occupied HU | 3,191 (63.2%) |
| Renter Occupied HU | 1,428 (28.3%) |
| Vacant Housing Units | 432 ( 8.6%) |
| Median Home Value | $175,163 |
| Average Home Value | $210,482 |
Residential
4,848
Single Family
4,458
Multi-Family
390
Businesses
517
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Dennis J Ebersole • Meadow and Main Inc.
Mls Name: NoCoast MLS
Mls ID: #6329660
