2214 Highway F48 W, Newton, IA, 50208 | 7.77% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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2214 Highway F48 W, Newton, IA, 50208 | 7.77% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Newton at 2214 Highway F48 W, Newton, IA, 50208 generates $1,748/mo in rent, after a $1,322/mo payment. Total monthly income is $1,748/mo. Return on cash invested sits at 19.83% in year one, and rental yield is 7.77% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 102.81% and total cumulative return in cash sums $92,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,748/mo property income rather than buyer’s personal income.

Single Family

Built in 1928

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Step into timeless charm with this beautifully restored storybook cottage, perfectly situated on a spacious double lot. This enchanting home has been lovingly brought back to life while preserving its original characterfeaturing gleaming hardwood floors, graceful archways, and inviting spaces filled with warmth and personality. The main level offers a cozy yet open feel, blending classic craftsmanship with modern comfort. Upstairs, a delightful loft provides the perfect retreat for a reading nook, studio, or guest space. The walk-out basement adds functionality and easy access to the detached garage and lush backyardideal for gardening, entertaining, or simply enjoying the serene surroundings. Full of character and curb appeal, this one-of-a-kind home is a rare find that captures the essence of storybook living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50208, Newton, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,966 (100%)
Owner Occupied HU	5,655 (63.1%)
Renter Occupied HU	2,601 (29.0%)
Vacant Housing Units	710 ( 7.9%)
Median Home Value	$171,711
Average Home Value	$218,468