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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 Atlantic at 3107 Palm St, Atlantic, IA, 50022 at $453,000 posts ROI 15.58% with from $2,400/mo rent. Total monthly income equals $2,400/mo. Return on cash invested measures 15.58% and rental yield reads 6.36% at the current $453,000. Equity gained on principal adds $2,923/yr, and 5% annual appreciation supports $125,156 by year five. Five-year ROI prints 80.05% and total cumulative return in cash totals $120,204. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
5.83 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50022, Atlantic, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,911 (100%) |
| Owner Occupied HU | 2,454 (62.7%) |
| Renter Occupied HU | 1,141 (29.2%) |
| Vacant Housing Units | 316 ( 8.1%) |
| Median Home Value | $167,337 |
| Average Home Value | $225,992 |
Residential
3,758
Single Family
3,386
Multi-Family
372
Businesses
430
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Melissa A Ihnen • Meyer & Gross Real Estate Co
Mls Name: NoCoast MLS
Mls ID: #6327309
