








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 Columbus Junction at 201 E Meadow Ln, Columbus Junction, IA, 52738 priced at $229,000 converts $1,862/mo rent into $375/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,862/mo, and annual cash flow totals $4,495/yr on $75,914 invested. Return on cash invested prints 25.83% in year one, and rental yield reads 9.76% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 135.02% and total cumulative return in cash sums $102,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,862/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52738, Columbus Junction, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,415 (100%) |
| Owner Occupied HU | 934 (66.0%) |
| Renter Occupied HU | 326 (23.0%) |
| Vacant Housing Units | 155 (11.0%) |
| Median Home Value | $170,588 |
| Average Home Value | $257,869 |
Residential
1,287
Single Family
1,240
Multi-Family
47
Businesses
106
Date | Event | Price |
|---|---|---|
| 2025-09-15 | Sold | $229,000 |
| 2025-07-22 | Listed for sale | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $2170.00 | -17.36% | $159,110 | N/A |
| 2023-10-23 | $2626.00 | 3.63% | $159,110 | 2.70% |
| 2022-10-23 | $2534.00 | 12.92% | $154,930 | N/A |



Listed by: Jay Robertson • Robertson Real Estate Inc
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202504736
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.