Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
No similar rental properties found nearby.
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 Royal at 302 Meadow St, Royal, IA, 51357 offers $0/mo rent that, after a $562/mo payment. Total monthly income is $0/mo. Return on cash invested measures -3.59% in year one, and rental yield stands at 0% at a $114,900 entry. Equity gained on principal adds $741/yr while 5% annual appreciation compounds into $31,745 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $562/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51357, Royal, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 312 (100%) |
| Owner Occupied HU | 230 (73.7%) |
| Renter Occupied HU | 40 (12.8%) |
| Vacant Housing Units | 42 (13.5%) |
| Median Home Value | $164,706 |
| Average Home Value | $241,837 |
Residential
120
Single Family
120
Multi-Family
0
Businesses
20
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Bob Bates • Northwest Iowa Realty
Mls Name: Iowa Great Lakes BOR
Mls ID: #250754
