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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 North English at 213 N Boland Ave, North English, IA, 52316 offers $1,730/mo rent that, after a $734/mo payment, leaves $743/mo cash flow. Total monthly income is $1,730/mo, and annual cash flow is $8,921/yr on $49,692 cash. Return on cash invested measures 37.86% in year one, and rental yield stands at 13.85% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 199.68% and total cumulative return in cash reaches $99,227. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,730/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52316, North English, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 771 (100%) |
| Owner Occupied HU | 562 (72.9%) |
| Renter Occupied HU | 158 (20.5%) |
| Vacant Housing Units | 51 ( 6.6%) |
| Median Home Value | $153,175 |
| Average Home Value | $256,232 |
Residential
598
Single Family
566
Multi-Family
32
Businesses
48
Date | Event | Price |
|---|---|---|
| 2024-04-23 | Sold | $140,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2432.00 | 2.18% | $197,900 | 18.77% |
| 2022-10-15 | $2380.00 | 12.58% | $166,620 | N/A |
| 2021-10-15 | $2114.00 | -4.86% | $166,620 | 18.99% |
Listed by: Nancy Hagen • Progressive Real Estate RN,LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #703111
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.
