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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% |
Rental property for sale in Greenfield at 308 NE Elm St, Greenfield, IA, 50849 generates $1,430/mo in rent, after a $1,268/mo payment. Total monthly income is $1,430/mo. Return on cash invested sits at 16.38% in year one, and rental yield is 6.63% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 84.34% and total cumulative return in cash sums $72,412. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,430/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50849, Greenfield, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,323 (100%) |
| Owner Occupied HU | 877 (66.3%) |
| Renter Occupied HU | 362 (27.4%) |
| Vacant Housing Units | 84 ( 6.3%) |
| Median Home Value | $151,446 |
| Average Home Value | $176,197 |
Residential
1,229
Single Family
1,194
Multi-Family
35
Businesses
143
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $259,000 |
| 2015-09-22 | Sold | $135,000 |
| 2015-05-16 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $3124.00 | 8.70% | $178,730 | N/A |
| 2023-04-09 | $2874.00 | 6.13% | $178,730 | 30.46% |
| 2022-04-09 | $2708.00 | 2.89% | $137,000 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
