316 Oak StDe SotoIA50069
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in De Soto at 316 Oak St, De Soto, IA, 50069 listed at $275,000 pairs $2,297/mo rent with a $1,346/mo payment to leave $511/mo cash flow. Total monthly income runs $2,297/mo, and annual cash flow reaches $6,132/yr on $91,163 cash to close. Return on cash invested measures 26.64% in year one, and rental yield registers 10.02% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 139.31% and total cumulative return in cash totals $126,995. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,297/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.26 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 50069, De Soto, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 353 (82.5%) |
| Renter Occupied HU | 55 (12.9%) |
| Vacant Housing Units | 20 ( 4.7%) |
| Median Home Value | $419,792 |
| Average Home Value | $401,069 |
Housing Distribution
Address Breakdown
Residential
324
Single Family
324
Multi-Family
0
Businesses
46
Price History
Date | Event | Price |
|---|---|---|
| 2025-09-15 | Sold | $275,000 |
| 2025-08-08 | Pending sale | $285,000 |
| 2025-07-16 | Listed for sale | $285,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $4018.00 | 8.83% | $235,840 | N/A |
| 2023-10-19 | $3692.00 | 13.60% | $235,840 | 24.47% |
| 2022-10-19 | $3250.00 | 0.68% | $189,470 | 5.10% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2001
- Architectural Style: Two Story
- Building Area: 1,254
- Living Area: 1,254 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached, Garage, Two Car Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Concrete
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: John Reburn • Peoples Company
Mls Name: DMMLS
Mls Provider:
Mls ID: #722422
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.