Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Newton at 2515 N 8th Ave E, Newton, IA, 50208 generates $2,413/mo in rent and, after a $1,767/mo payment, leaves $68/mo in cash flow. Total monthly income is $2,413/mo, and annual cash flow is $821/yr on $119,668 invested. Return on cash invested sits at 20.6% in year one, and rental yield is 8.02% on a $360,990 entry. Equity gained on principal adds $2,329/yr, while 5% annual appreciation builds toward $99,735 over five years. Five-year ROI reaches 106.93% and total cumulative return in cash sums $127,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,413/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.26 Acres 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: Mary Foley • Liberty Realty Group
Mls Name: DMMLS
Mls ID: #716014
