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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 Newton at 2505 S 8th Ave E, Newton, IA, 50208 uses $42,764 cash to close to unlock $1,687/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $978/mo, and a $631/mo payment keeps the spread at $141/mo. Purchase price stands at $129,000, and rental yield measures 9.1% with $978/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 124.43% and total cumulative return in cash records $53,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $978/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50208, Newton, IA area.
| 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 |
Residential
8,615
Single Family
7,477
Multi-Family
1,138
Businesses
647
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Casady Bryant • TurnKey Realty LLC
Mls Name: NoCoast MLS
Mls ID: #6331206
