



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 Sully at 301 12th Ave, Sully, IA, 50251 uses $66,300 cash to close to unlock $7,740/yr annual cash flow and $645/mo monthly cash flow. Total monthly income runs $1,944/mo, and a $979/mo payment keeps the spread at $645/mo. Purchase price stands at $200,000, and rental yield measures 11.66% with $1,944/mo rent. Return on cash invested shows 31.58% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 165.82% and total cumulative return in cash records $109,940. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,944/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50251, Sully, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 447 (78.8%) |
| Renter Occupied HU | 90 (15.9%) |
| Vacant Housing Units | 30 ( 5.3%) |
| Median Home Value | $215,678 |
| Average Home Value | $279,223 |
Residential
415
Single Family
415
Multi-Family
0
Businesses
73
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Sold | $200,000 |
| 2025-05-16 | Pending sale | $229,000 |
| 2025-05-05 | Listed for sale | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $2694.00 | 3.62% | $201,500 | N/A |
| 2023-10-13 | $2600.00 | 1.40% | $201,500 | 24.63% |
| 2022-10-13 | $2564.00 | 8.64% | $161,680 | 2.90% |



Listed by: Deb Cross • Found It
Mls Name: DMMLS
Mls Provider:
Mls ID: #717324
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.