








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 Mitchellville at 201 Jet St SW, Mitchellville, IA, 50169 priced at $299,900 converts $2,152/mo rent into $204/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,152/mo, and annual cash flow totals $2,450/yr on $99,417 invested. Return on cash invested prints 22.37% in year one, and rental yield reads 8.61% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 116.48% and total cumulative return in cash sums $115,804. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,152/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50169, Mitchellville, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 887 (76.5%) |
| Renter Occupied HU | 203 (17.5%) |
| Vacant Housing Units | 69 ( 6.0%) |
| Median Home Value | $309,928 |
| Average Home Value | $321,812 |
Residential
1,004
Single Family
962
Multi-Family
42
Businesses
34
Date | Event | Price |
|---|---|---|
| 2025-06-12 | Listed for sale | $299,900 |
| 2025-05-29 | Pending sale | $299,900 |
| 2025-05-27 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-15 | $4018.00 | 6.80% | $253,700 | N/A |
| 2023-06-15 | $3762.00 | 1.29% | $253,700 | 25.91% |
| 2022-06-15 | $3714.00 | 6.91% | $201,500 | N/A |



Listed by: Kathy Swanson • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #718881
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.