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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% |
Rental property for sale in Creston at 300 N Sumner Ave, Creston, IA, 50801 offers $1,080/mo rent that, after a $1,221/mo payment. Total monthly income is $1,080/mo. Return on cash invested measures 12.07% in year one, and rental yield stands at 5.19% at a $249,500 entry. Equity gained on principal adds $1,610/yr while 5% annual appreciation compounds into $68,932 by year five. Five-year ROI records 61.21% and total cumulative return in cash reaches $50,625. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $1,221/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50801, Creston, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,417 (100%) |
| Owner Occupied HU | 2,674 (60.5%) |
| Renter Occupied HU | 1,246 (28.2%) |
| Vacant Housing Units | 497 (11.3%) |
| Median Home Value | $133,418 |
| Average Home Value | $182,572 |
Residential
3,973
Single Family
3,619
Multi-Family
354
Businesses
385
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $249,500 |
| 2005-07-25 | Sold | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $3684.00 | -9.66% | $166,980 | -20.37% |
| 2023-07-01 | $4078.00 | 1.24% | $209,690 | 17.94% |
| 2022-07-01 | $4028.00 | 27.39% | $177,800 | 0.24% |
Listed by: Michelle Crill • Crill Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329124
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.
