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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Winterset at 204 W Washington St, Winterset, IA, 50273 offers $2,170/mo rent that, after a $2,325/mo payment. Total monthly income is $2,170/mo. Return on cash invested measures 12.07% in year one, and rental yield stands at 5.48% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 61.54% and total cumulative return in cash reaches $96,895. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,170/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1875
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50273, Winterset, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,968 (100%) |
| Owner Occupied HU | 2,692 (67.8%) |
| Renter Occupied HU | 911 (23.0%) |
| Vacant Housing Units | 365 ( 9.2%) |
| Median Home Value | $228,438 |
| Average Home Value | $301,850 |
Residential
3,690
Single Family
3,511
Multi-Family
179
Businesses
308
Date | Event | Price |
|---|---|---|
| 2025-01-16 | Listed for sale | $475,000 |
| 2021-02-19 | Sold | $365,000 |
| 2020-12-15 | Pending sale | $365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $8578.00 | -0.19% | $486,400 | 29.50% |
| 2022-01-27 | $8594.00 | -4.53% | $375,600 | N/A |
| 2021-01-27 | $9002.00 | 2.67% | $375,600 | 0.32% |
Listed by: Alyssa Tadlock • Madison County Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #710214
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.
