307 3rd St E, Newhall, IA, 52315 | 7.43% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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307 3rd St E, Newhall, IA, 52315 | 7.43% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newhall at 307 3rd St E, Newhall, IA, 52315 earns from $1,114/mo rent with a $881/mo payment. Total monthly income totals $1,114/mo. ROI tracks 18.81% on current figures, and rental yield reads 7.43% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 97.38% and total cumulative return in cash sums $58,077. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,114/mo property income instead of your personal income.

Single Family

Built in 1950

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Character, charm and small-town living are whats on offer with this spacious home located right in the heart of Newhall. Upon entering this home, the first thing that hits you is how much natural light this home has thanks to the large bay window in the living room and the large glass patio doors in the dining room. Original features like the coved ceilings, hardwood floors, abundant built-ins and St. Charles style kitchen give this home its old world charm, yet improvements like the newer roof, vinyl siding, windows, furnace, remodeled main floor bathroom, and water heater make this home more modern and move-in ready. Two bedrooms on the main floor at opposite ends of the house with a bath and loads of built-ins in between. The walk-up attic is huge and represents an opportunity for future finished space. The finished lower level bonus room just needs a closet and an egress window to be a conforming third bedroom. There is a full bath with shower just across the hall from this space in the lower level. Huge lower level storage areas. Large patio off of the dining room that overlooks the large back yard, which is flat and useable and has direct sight lines to the beautiful evergreen trees beyond. With this much to offer at this price, this one wont last long! Come see for yourself!

Neighborhood Data

Neighborhood data shown for ZIP Code: 52315, Newhall, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	519 (100%)
Owner Occupied HU	424 (81.7%)
Renter Occupied HU	84 (16.2%)
Vacant Housing Units	11 ( 2.1%)
Median Home Value	$226,744
Average Home Value	$259,133