




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 Osceola at 1608 Elk St, Osceola, IA, 50213 offers a 13.27% rental yield on a $173,510 purchase with $1,919/mo rent. Total monthly income registers $1,919/mo, and a $849/mo payment leaves $332/mo available for distribution. Annual cash flow reaches $3,989/yr on $57,519 to close, and return on cash invested stands at 26.84% in year one. Equity gained on principal adds $1,120/yr while 5% annual appreciation supports $47,938 over five years. Portfolio math shows five-year ROI at 143.97% and total cumulative return in cash at $82,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,919/mo property income against a $849/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
6.24 Acres lot
$N/A/sqft
$460 monthly HOA
Neighborhood data shown for ZIP Code: 50213, Osceola, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,300 (100%) |
| Owner Occupied HU | 1,927 (58.4%) |
| Renter Occupied HU | 1,073 (32.5%) |
| Vacant Housing Units | 300 ( 9.1%) |
| Median Home Value | $158,356 |
| Average Home Value | $224,796 |
Residential
3,005
Single Family
2,799
Multi-Family
206
Businesses
259
Date | Event | Price |
|---|---|---|
| 2025-07-29 | Listing removed | N/A |
| 2025-05-16 | Listed for sale | $149,000 |
| 2022-03-16 | Sold | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $2378.00 | -28.80% | $173,510 | N/A |
| 2023-10-31 | $3340.00 | 55.64% | $173,510 | -15.59% |
| 2022-10-31 | $2146.00 | 12.95% | $205,560 | 41.03% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A