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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% |
Total monthly income runs $1,397/mo, and a $1,199/mo payment. Purchase price stands at $245,000, and rental yield measures 6.84% with $1,397/mo rent. Return on cash invested shows 15.76% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 81.51% and total cumulative return in cash records $66,204. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,397/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1979
1.66 Acres lot
$N/A/sqft
$260 quarterly HOA
Neighborhood data shown for ZIP Code: 52318, Norway, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 393 (100%) |
| Owner Occupied HU | 319 (81.2%) |
| Renter Occupied HU | 43 (10.9%) |
| Vacant Housing Units | 31 ( 7.9%) |
| Median Home Value | $248,529 |
| Average Home Value | $250,274 |
Residential
267
Single Family
267
Multi-Family
0
Businesses
20
Date | Event | Price |
|---|---|---|
| 2025-08-24 | Listed for sale | $245,000 |
| 2014-05-23 | Sold | $147,000 |
| 2014-02-24 | Sold | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-26 | $2432.00 | 18.87% | $232,100 | N/A |
| 2023-08-26 | $2046.00 | 1.19% | $232,100 | 32.48% |
| 2022-08-26 | $2022.00 | -5.25% | $175,200 | N/A |
Listed by: Annie Bradford • Keller Williams Legacy Group
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2507239
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.
