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% |
Investment property for sale in Creston at 312 N Oak St, Creston, IA, 50801 listed at $129,900 pairs $999/mo rent with a $636/mo payment to leave $155/mo cash flow. Total monthly income runs $999/mo, and annual cash flow reaches $1,862/yr on $43,062 cash to close. Return on cash invested measures 24.23% in year one, and rental yield registers 9.23% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 126.53% and total cumulative return in cash totals $54,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $999/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1908
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50801, Creston, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,417 (100%) |
| Owner Occupied HU | 2,674 (60.5%) |
| Renter Occupied HU | 1,246 (28.2%) |
| Vacant Housing Units | 497 (11.3%) |
| Median Home Value | $133,418 |
| Average Home Value | $182,572 |
Residential
3,973
Single Family
3,619
Multi-Family
354
Businesses
385
Date | Event | Price |
|---|---|---|
| 2024-03-25 | Sold | $44,885 |
| 2005-08-31 | Sold | $56,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-16 | $1338.00 | 9.49% | $49,940 | -28.49% |
| 2023-03-16 | $1222.00 | 0.99% | $69,840 | 17.32% |
| 2022-03-16 | $1210.00 | 5.03% | $59,530 | N/A |
Listed by: Brandon Johnson • RE/MAX Cornerstone
Mls Name: DMMLS
Mls Provider:
Mls ID: #713299
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
