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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Farragut at 2410 400th Ave, Farragut, IA, 51639 generates $0/mo in rent, after a $1,953/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.6% in year one, and rental yield is 0% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
4.10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51639, Farragut, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 291 (72.7%) |
| Renter Occupied HU | 76 (19.0%) |
| Vacant Housing Units | 33 ( 8.2%) |
| Median Home Value | $158,214 |
| Average Home Value | $259,304 |
Residential
237
Single Family
237
Multi-Family
0
Businesses
13
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $399,000 |
| 2022-06-27 | Sold | $282,000 |
| 2022-05-20 | Pending sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $2496.00 | -7.00% | $219,990 | N/A |
| 2023-04-17 | $2684.00 | 7.53% | $219,990 | 14.73% |
| 2022-04-17 | $2496.00 | 5.49% | $191,750 | N/A |
No similar rental properties found nearby.
Listed by: Janell Mcintyre • McIntyre Real Estate LLC
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325986
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.
