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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 Atlantic at 2106 Chestnut St APT 6, Atlantic, IA, 50022 listed at $164,900 pairs $2,400/mo rent with a $807/mo payment to leave $1,029/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $12,350/yr on $54,664 cash to close. Return on cash invested measures 42.5% in year one, and rental yield registers 17.47% at a $164,900 basis. Equity gained on principal adds $1,064/yr, and annual property appreciation at 5% supports $45,559 by year five. Five-year ROI tracks 226.86% and total cumulative return in cash totals $124,012. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $807/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
1.68 Acres lot
$N/A/sqft
$300 monthly HOA
Neighborhood data shown for ZIP Code: 50022, Atlantic, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,911 (100%) |
| Owner Occupied HU | 2,454 (62.7%) |
| Renter Occupied HU | 1,141 (29.2%) |
| Vacant Housing Units | 316 ( 8.1%) |
| Median Home Value | $167,337 |
| Average Home Value | $225,992 |
Residential
3,758
Single Family
3,386
Multi-Family
372
Businesses
430
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Price change | $164,900 |
| 2024-08-23 | Price change | $174,900 |
| 2024-08-04 | Listed for sale | $179,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $1834.00 | -7.84% | $120,750 | 27.85% |
| 2022-10-14 | $1990.00 | 122.36% | $94,450 | N/A |
| 2021-10-14 | $894.96 | -48.03% | $94,450 | 9.18% |
Listed by: Melissa Ihnen • Meyer & Gross Real Estate Co
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6319922
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.
