2511 SE 82nd St, Runnells, IA, 50237 | Equity Gain $2,355/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2511 SE 82nd St, Runnells, IA, 50237 | Equity Gain $2,355/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Runnells at 2511 SE 82nd St, Runnells, IA, 50237 offers a 0% rental yield on a $365,000 purchase with $0/mo rent. 6% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1978

1.03 Acres lot

$N/A/sqft

No HOA

More details about the property

This is the one you've been waiting for-Located in the highly sought-after NW Runnells, just minutes from SE Polk High School and with easy access to downtown DSM, this beautifully updated acreage truly has it all. Set on over an acre, this 3-bedroom, 2bath split-foyer home has been completely remodeled from top to bottom. The showstopping executive-level kitchen features high-end cabinetry, quartz countertops, and brand-new stainless-steel appliances - truly a dream come true for any home chef. The stylish, fully updated bathroom combines modern design with everyday functionality. Other upgrades include new carpet, luxury vinyl plank flooring, trim, doors, recessed lighting, ceiling fans, and all-new fixtures throughout. Natural light fills the space the moment you step through the front door, creating a bright and welcoming atmosphere. Downstairs, you'll find the 3rd bedroom, a bath, and a spacious flex room currently used as a home gym - easily transformed into a second living area, office, or playroom. Step outside through the walkout lower level to a newly poured concrete approach, brand-new deck, and 24x12 patio - the perfect setup for fall evenings by the fire or entertaining guests. The detached 2-car garage and new 10x20 shed provide ample space for storage, tools, and toys. A 100% concrete driveway with extra side parking pads makes hosting gatherings a breeze. Homes like this, in this location, at this price - don't come along often. Schedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 50237, Runnells, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,212 (100%)
Owner Occupied HU	1,058 (87.3%)
Renter Occupied HU	116 ( 9.6%)
Vacant Housing Units	38 ( 3.1%)
Median Home Value	$374,895
Average Home Value	$411,269