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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 Norway at 210 Apache Dr, Norway, IA, 52318 priced at $210,000 pairs $1,241/mo rent with after a $1,028/mo payment. Total monthly income equals $1,241/mo. Return on cash invested is 17.79% in year one, and rental yield stands at 7.09% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 91.85% and total cumulative return in cash reaches $63,940. For financing, Ziffy Mortgage’s DSCR program evaluates $1,241/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52318, Norway, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 393 (100%) |
| Owner Occupied HU | 319 (81.2%) |
| Renter Occupied HU | 43 (10.9%) |
| Vacant Housing Units | 31 ( 7.9%) |
| Median Home Value | $248,529 |
| Average Home Value | $250,274 |
Residential
267
Single Family
267
Multi-Family
0
Businesses
20
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Price change | $210,000 |
| 2024-09-18 | Price change | $215,000 |
| 2024-09-03 | Price change | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $2298.00 | 3.14% | $163,900 | 17.83% |
| 2022-10-14 | $2228.00 | 1.09% | $139,100 | N/A |
| 2021-10-14 | $2204.00 | -5.69% | $139,100 | 6.35% |
Listed by: Cathy Hill, Crs • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2405556
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.
