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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 Shenandoah at 300 W Clarinda Ave, Shenandoah, IA, 51601 at $124,999 posts ROI 58.8% with $1,343/mo cash flow from $2,155/mo rent. Total monthly income equals $2,155/mo, and annual cash flow records $16,116/yr on $41,437 to close. Return on cash invested measures 58.8% and rental yield reads 20.69% at the current $124,999. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 311.76% and total cumulative return in cash totals $129,185.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,155/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51601, Shenandoah, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 1,629 (56.1%) |
| Renter Occupied HU | 937 (32.3%) |
| Vacant Housing Units | 339 (11.7%) |
| Median Home Value | $134,422 |
| Average Home Value | $177,239 |
Residential
2,593
Single Family
2,292
Multi-Family
301
Businesses
292
Date | Event | Price |
|---|---|---|
| 2025-07-31 | Sold | $124,999 |
| 2025-05-15 | Pending sale | $124,999 |
| 2025-05-12 | Listed for sale | $124,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $892.00 | -5.31% | $67,010 | N/A |
| 2023-10-23 | $942.00 | 15.72% | $67,010 | 11.44% |
| 2022-10-23 | $814.00 | 4.09% | $60,130 | 33.27% |
Listed by: Leanne Haynes • United Country Gilworth Real Estate & Auction
Mls Name: SWIAR
Mls ID: #25-842
Disclaimer: Copyright Southwest Iowa Association of Realtors. All rights reserved. Data is deemed reliable but is not guaranteed accurate by the MLS.
