205 E 17th Street Pl N, Newton, IA, 50208 | $360/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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205 E 17th Street Pl N, Newton, IA, 50208 | $360/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Newton at 205 E 17th Street Pl N, Newton, IA, 50208 offers a 10.35% rental yield on a $169,000 purchase with $1,457/mo rent. Total monthly income registers $1,457/mo, and a $827/mo payment leaves $360/mo available for distribution. Annual cash flow reaches $4,315/yr on $56,024 to close, and return on cash invested stands at 27.61% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 144.57% and total cumulative return in cash at $80,995. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,457/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1954

8,189 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover this inviting 2-bedroom, 1-bath home offering 1,010 sq. ft. of comfortable living space. The home features an attached 1-car garage and a bonus roomperfect for a 3rd bedroom, home office, or hobby space. Enjoy lower utility costs with the added benefit of solar panels! The unfinished basement provides great storage options and potential for additional living space. Conveniently located in a quiet neighborhood in Northeast Newton, this home is full of character and potentialdont miss your chance to make it yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 50208, Newton, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,966 (100%)
Owner Occupied HU	5,655 (63.1%)
Renter Occupied HU	2,601 (29.0%)
Vacant Housing Units	710 ( 7.9%)
Median Home Value	$171,711
Average Home Value	$218,468