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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 Adel at 2121 Bugge Dr, Adel, IA, 50003 generates $2,269/mo in rent and, after a $1,087/mo payment, leaves $677/mo in cash flow. Total monthly income is $2,269/mo, and annual cash flow is $8,122/yr on $73,590 invested. Return on cash invested sits at 30.95% in year one, and rental yield is 12.27% on a $221,990 entry. Equity gained on principal adds $1,432/yr, while 5% annual appreciation builds toward $61,332 over five years. Five-year ROI reaches 163.33% and total cumulative return in cash sums $120,192. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,269/mo property income rather than buyer’s personal income.
Condo
Built in 2024
1,742 sqft lot
$N/A/sqft
$150 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Price change | $221,990 |
| 2025-06-19 | Pending sale | $217,990 |
| 2025-06-17 | Price change | $217,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kathryn Greer • DRH Realty of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #695772
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.
