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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 Adel at 23281 330th St, Adel, IA, 50003 offers a 2.2% rental yield on a $1,245,000 purchase with $2,280/mo rent. 1% in year one. Equity gained on principal adds $8,034/yr while 5% annual appreciation supports $343,971 over five years. Portfolio math shows five-year ROI at 13% and total cumulative return in cash at $52,432. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $6,094/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
45.09 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-10-13 | Listed for sale | $1,245,000 |
| 2024-10-10 | Pending sale | $1,245,000 |
| 2024-10-01 | Listed for sale | $1,245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $8124.00 | 20.86% | $698,440 | 15.40% |
| 2022-10-14 | $6722.00 | 2.25% | $605,240 | 21.43% |
| 2021-10-14 | $6574.00 | 1.95% | $498,440 | 2340.94% |
Listed by: Jennifer Clark • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #705055
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.
