








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 Shenandoah at 315 Crescent St, Shenandoah, IA, 51601 uses $58,013 cash to close to unlock $1,644/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $1,274/mo, and a $857/mo payment keeps the spread at $137/mo. Purchase price stands at $175,000, and rental yield measures 8.74% with $1,274/mo rent. Return on cash invested shows 22.74% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 118.46% and total cumulative return in cash records $68,719. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,274/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51601, Shenandoah, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 1,629 (56.1%) |
| Renter Occupied HU | 937 (32.3%) |
| Vacant Housing Units | 339 (11.7%) |
| Median Home Value | $134,422 |
| Average Home Value | $177,239 |
Residential
2,593
Single Family
2,292
Multi-Family
301
Businesses
292
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $1394.00 | 3.72% | $93,900 | N/A |
| 2023-04-03 | $1344.00 | -23.64% | $93,900 | 16.50% |
| 2022-04-03 | $1760.00 | 12.82% | $80,600 | -19.75% |



Listed by: Amy Zwickel • Jim Hughes Real Estate
Mls Name: My State MLS
Mls ID: #11461046