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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 Waukee at 31267 Ute Ave, Waukee, IA, 50263 uses $132,600 cash to close to unlock $84/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $2,605/mo, and a $1,958/mo payment keeps the spread at $7/mo. Purchase price stands at $400,000, and rental yield measures 7.81% with $2,605/mo rent. Return on cash invested shows 19.97% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 103.57% and total cumulative return in cash records $137,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,605/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2009
3.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50263, Waukee, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,203 (100%) |
| Owner Occupied HU | 8,835 (62.2%) |
| Renter Occupied HU | 3,821 (26.9%) |
| Vacant Housing Units | 1,547 (10.9%) |
| Median Home Value | $376,616 |
| Average Home Value | $419,225 |
Residential
13,089
Single Family
11,519
Multi-Family
1,570
Businesses
611
Date | Event | Price |
|---|---|---|
| 2025-07-31 | Sold | $400,000 |
| 2025-05-19 | Pending sale | $445,000 |
| 2025-05-06 | Listed for sale | $445,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $5472.00 | 1.52% | $458,230 | N/A |
| 2023-10-15 | $5390.00 | 10.59% | $458,230 | 16.75% |
| 2022-10-15 | $4874.00 | -5.03% | $392,500 | 9.82% |
Listed by: Ingrid Williams • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #717423
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.
