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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 Van Meter at 3002 Jerry St, Van Meter, IA, 50261 priced at $335,900 pairs $2,729/mo rent with $535/mo cash flow after a $1,644/mo payment. Total monthly income equals $2,729/mo, and annual cash flow comes to $6,421/yr on $111,351 invested. Return on cash invested is 25.68% in year one, and rental yield stands at 9.75% on a $335,900 basis. Equity gained on principal adds $2,168/yr, and 5% annual appreciation accumulates to $92,803 by year five. Five-year ROI measures 134.26% and total cumulative return in cash reaches $149,499. For financing, Ziffy Mortgage’s DSCR program evaluates $2,729/mo property income against a $1,644/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
8,750 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood data shown for ZIP Code: 50261, Van Meter, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,207 (100%) |
| Owner Occupied HU | 982 (81.4%) |
| Renter Occupied HU | 119 ( 9.9%) |
| Vacant Housing Units | 106 ( 8.8%) |
| Median Home Value | $523,148 |
| Average Home Value | $553,473 |
Residential
1,026
Single Family
1,014
Multi-Family
12
Businesses
39
Date | Event | Price |
|---|---|---|
| 2025-05-20 | Listing removed | $2,575 |
| 2025-05-10 | Price change | $2,575 |
| 2025-05-06 | Price change | $2,625 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $6.00 | N/A | $320 | N/A |
| 2023-10-19 | $6.00 | N/A | $320 | N/A |
| 2022-10-19 | $6.00 | N/A | $320 | N/A |
Listed by: Lindsy Baker • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #707942
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.
