








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 Mount Pleasant at 200 E Warren St, Mount Pleasant, IA, 52641 priced at $164,000 converts $720/mo rent into after a $803/mo obligation. Total monthly income equals $720/mo. Return on cash invested prints 12.29% in year one, and rental yield reads 5.27% against a $164,000 entry. Equity gained on principal adds $1,058/yr, while 5% annual appreciation compiles into $45,310 by year five. Five-year ROI reaches 62.37% and total cumulative return in cash sums $33,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $720/mo property income covering a $803/mo payment, not borrower’s personal income.
Multi Family
Built in 1988
N/A 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 |
|---|---|---|
| 2024-08-13 | Listed for sale | $164,000 |
| 2017-02-07 | Sold | $94,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $2136.00 | 2.59% | $129,810 | 19.62% |
| 2022-10-14 | $2082.00 | 1.96% | $108,520 | N/A |
| 2021-10-14 | $2042.00 | 1.79% | $108,520 | 5.53% |



Listed by: Holly Burden • Cottage Realty LLC
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6320228
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.