








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 Shenandoah at 201 Southview Blvd, Shenandoah, IA, 51601 at $234,000 posts ROI 16.47% with from $1,297/mo rent. Total monthly income equals $1,297/mo. Return on cash invested measures 16.47% and rental yield reads 6.65% at the current $234,000. Equity gained on principal adds $1,510/yr, and 5% annual appreciation supports $64,650 by year five. Five-year ROI prints 84.79% and total cumulative return in cash totals $65,775. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,297/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51601, Shenandoah, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 1,629 (56.1%) |
| Renter Occupied HU | 937 (32.3%) |
| Vacant Housing Units | 339 (11.7%) |
| Median Home Value | $134,422 |
| Average Home Value | $177,239 |
Residential
2,593
Single Family
2,292
Multi-Family
301
Businesses
292
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Price change | $234,000 |
| 2024-06-20 | Listed for sale | $245,000 |
| 2000-11-30 | Sold | $66,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $2576.00 | 13.18% | $159,150 | 13.82% |
| 2022-10-14 | $2276.00 | 11.46% | $139,820 | 13.79% |
| 2021-10-14 | $2042.00 | -2.20% | $122,880 | 19.95% |



Listed by: Amy Zwickel • Jim Hughes Real Estate
Mls Name: My State MLS
Mls ID: #11290963