303 E Court Ave, Winterset, IA, 50273 | $154/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
3400 sft

406 S 2nd St, Winterset, IA, 50273

1 Bed
1 Bath
800 sft

2089 270th St, Winterset, IA, 50273

3 Bed
3 Bath
2490 sft

204 E Prairie St, Creston, IA, 50801

3 Bed
2 Bath
1878 sft

604 Grand Ave, Creston, IA, 50801

Nearby investment properties with comparable prices

4 Bed
2 Bath
1400 sft

1002 E Irving St, Creston, IA, 50801

1 Bed
1 Bath
800 sft

2089 270th St, Winterset, IA, 50273

3 Bed
2 Bath
1270 sft

105 N Park St, Creston, IA, 50801

3 Bed
2 Bath
1592 sft

1216 N Birch St, Creston, IA, 50801

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Winterset at 303 E Court Ave, Winterset, IA, 50273 listed at $274,900 pairs $1,939/mo rent with a $1,346/mo payment to leave $154/mo cash flow. Total monthly income runs $1,939/mo, and annual cash flow reaches $1,850/yr on $91,129 cash to close. Return on cash invested measures 21.94% in year one, and rental yield registers 8.46% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 114.17% and total cumulative return in cash totals $104,043. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,939/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1860

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to one of the charming historical homes in Winterset. Walking through the front entrance, visitors are greeted with natural light spilling across the hardwood floors. As they enter the kitchen, the openness is easily noticeable making it a perfect place to host or have family dinners. The living room has charming built-ins which adds to the cozy feel. The laundry area is located on the main floor across from a spacious bathroom with a claw-foot bathtub. A large breezeway connects you the the 2-car garage. Upstairs, there are two additional bedrooms with a full bathroom and an area that would make a great TV room. The backyard is enclosed with a privacy fence, giving a sense of seclusion. This charming home is a few blocks from Winterset's enchanting town square.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50273, Winterset, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,968 (100%)
Owner Occupied HU	2,692 (67.8%)
Renter Occupied HU	911 (23.0%)
Vacant Housing Units	365 ( 9.2%)
Median Home Value	$228,438
Average Home Value	$301,850