Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Washington at 304 E 15th St, Washington, IA, 52353 generates $1,954/mo in rent and, after a $1,101/mo payment, leaves $493/mo in cash flow. Total monthly income is $1,954/mo, and annual cash flow is $5,916/yr on $74,588 invested. Return on cash invested sits at 27.84% in year one, and rental yield is 10.42% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 145.74% and total cumulative return in cash sums $108,705. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,954/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52353, Washington, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,106 (100%) |
| Owner Occupied HU | 2,697 (65.7%) |
| Renter Occupied HU | 1,115 (27.2%) |
| Vacant Housing Units | 294 ( 7.2%) |
| Median Home Value | $173,592 |
| Average Home Value | $231,948 |
Residential
3,946
Single Family
3,655
Multi-Family
291
Businesses
429
Date | Event | Price |
|---|---|---|
| 2025-08-21 | Sold | $225,000 |
| 2025-08-12 | Pending sale | $225,000 |
| 2025-07-15 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $2824.00 | 9.46% | $136,300 | N/A |
| 2023-10-19 | $2580.00 | 3.37% | $136,300 | 27.38% |
| 2022-10-19 | $2496.00 | 1.88% | $107,000 | N/A |
Listed by: Connie Larsen • RE/MAX Affiliates
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202504614
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.
