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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 Creston at 213 N Oak St, Creston, IA, 50801 with 5% annual appreciation on a $120,000 basis while $952/mo rent supports operations. Total monthly income totals $952/mo and a $587/mo payment preserves $173/mo for cash returns. Annual cash flow comes to $2,076/yr on $39,780 deployed, and return on cash invested reaches 25.13% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 9.52%. Five-year ROI measures 131.18% and total cumulative return in cash totals $52,183.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $952/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50801, Creston, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,417 (100%) |
| Owner Occupied HU | 2,674 (60.5%) |
| Renter Occupied HU | 1,246 (28.2%) |
| Vacant Housing Units | 497 (11.3%) |
| Median Home Value | $133,418 |
| Average Home Value | $182,572 |
Residential
3,973
Single Family
3,619
Multi-Family
354
Businesses
385
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: Dino A Groumoutis • Creston Realty
Mls Name: NoCoast MLS
Mls ID: #6329349
