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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 Montezuma at 239 Whippoorwill Rd, Montezuma, IA, 50171 offers $2,165/mo rent that, after a $5,751/mo payment. Total monthly income is $2,165/mo. Return on cash invested measures 2.76% in year one, and rental yield stands at 2.21% at a $1,175,000 entry. Equity gained on principal adds $7,582/yr while 5% annual appreciation compounds into $324,631 by year five. Five-year ROI records 11.33% and total cumulative return in cash reaches $43,150. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,165/mo property income versus a $5,751/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.29 Acres lot
$N/A/sqft
$1,444 annually HOA
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $1,175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-21 | $7336.00 | -0.54% | $780,610 | 27.97% |
| 2022-04-21 | $7376.00 | 14.25% | $609,990 | 0.29% |
| 2021-04-21 | $6456.00 | N/A | $608,250 | 24.49% |
No similar price properties found nearby.
Listed by: Patricia O'Connell • COLDWELL BANKER HEDGES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502741
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