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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% |
Investment property for sale in Milo at 209 N 2nd St, Milo, IA, 50166 offers a 7.4% rental yield on a $237,900 purchase with $1,468/mo rent. 74% in year one. Equity gained on principal adds $1,535/yr while 5% annual appreciation supports $65,727 over five years. Portfolio math shows five-year ROI at 97.04% and total cumulative return in cash at $76,527. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,468/mo property income against a $1,164/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1975
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50166, Milo, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 545 (80.6%) |
| Renter Occupied HU | 87 (12.9%) |
| Vacant Housing Units | 44 ( 6.5%) |
| Median Home Value | $250,301 |
| Average Home Value | $313,725 |
Residential
574
Single Family
574
Multi-Family
0
Businesses
25
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mike Reagan • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #727725
