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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 Mount Pleasant at 302 N Adams St, Mount Pleasant, IA, 52641 offers a 2.98% rental yield on a $289,900 purchase with $720/mo rent. 39% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 25.41% and total cumulative return in cash at $24,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $720/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52641, Mount Pleasant, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,051 (100%) |
| Owner Occupied HU | 3,191 (63.2%) |
| Renter Occupied HU | 1,428 (28.3%) |
| Vacant Housing Units | 432 ( 8.6%) |
| Median Home Value | $175,163 |
| Average Home Value | $210,482 |
Residential
4,848
Single Family
4,458
Multi-Family
390
Businesses
517
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $289,900 |
| 2009-12-28 | Sold | $141,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $4036.00 | -2.28% | $231,520 | N/A |
| 2023-04-14 | $4130.00 | 2.53% | $231,520 | 20.20% |
| 2022-04-14 | $4028.00 | 2.08% | $192,620 | N/A |
Listed by: Samantha Westercamp • Southeast Iowa Realty Inc
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326482
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.
