








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 Farragut at 2474 400th Ave, Farragut, IA, 51639 earns $67/mo cash flow from $1,054/mo rent with a $744/mo payment. Total monthly income totals $1,054/mo, and annual cash flow totals $802/yr on $50,388 capital. ROI tracks 21.5% on current figures, and rental yield reads 8.32% at a $152,000 purchase. Equity gained on principal adds $981/yr, and 5% annual appreciation supports $41,995 over five years. Five-year ROI reaches 111.78% and total cumulative return in cash sums $56,326. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,054/mo property income instead of your personal income.
Single Family
Built in 1920
2 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 |
|---|---|---|
| 2025-06-18 | Sold | $152,000 |
| 2025-05-09 | Contingent | $165,500 |
| 2025-05-03 | Listed for sale | $165,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $1478.00 | 22.55% | $136,320 | N/A |
| 2023-10-12 | $1206.00 | 2.73% | $136,320 | 43.51% |
| 2022-10-12 | $1174.00 | 5.20% | $94,990 | N/A |



Listed by: Amy Zwickel • Jim Hughes Real Estate
Mls Name: NY State MLS
Mls ID: #11489076