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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% |
Rental property for sale in Afton at 320 E Iowa St, Afton, IA, 50830 priced at $245,000 converts $0/mo rent into after a $1,199/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.6% in year one, and rental yield reads 0% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Manufactured
Built in 2004
2.98 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50830, Afton, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 503 (67.9%) |
| Renter Occupied HU | 159 (21.5%) |
| Vacant Housing Units | 79 (10.7%) |
| Median Home Value | $133,854 |
| Average Home Value | $215,303 |
Residential
648
Single Family
648
Multi-Family
0
Businesses
44
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-02 | $1928.00 | -14.84% | $171,980 | 46.92% |
| 2023-07-02 | $2264.00 | 1.52% | $117,060 | 6.83% |
| 2022-07-02 | $2230.00 | 6.90% | $109,580 | N/A |
No similar rental properties found nearby.
Listed by: Kristin J Flaherty • Stoney Oak Properties LLC
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329154
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.
