








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 21496 290th St, Adel, IA, 50003 generates $2,671/mo in rent and, after a $1,958/mo payment, leaves $73/mo in cash flow. Total monthly income is $2,671/mo, and annual cash flow is $876/yr on $132,600 invested. Return on cash invested sits at 20.57% in year one, and rental yield is 8.01% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 106.76% and total cumulative return in cash sums $141,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,671/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
1.69 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-08-26 | Sold | $400,000 |
| 2025-07-11 | Pending sale | $425,000 |
| 2025-07-01 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-08 | $3480.00 | 19.02% | $314,400 | 16.52% |
| 2022-10-08 | $2924.00 | 5.56% | $269,830 | 18.26% |
| 2021-10-08 | $2770.00 | 2.06% | $228,170 | 9486.98% |



Listed by: Ben Van Zee • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #721403
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.