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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Lorimor at 3212 140th St, Lorimor, IA, 50149 generates $0/mo in rent, after a $2,932/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.63% in year one, and rental yield is 0% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
26.62 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50149, Lorimor, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 454 (100%) |
| Owner Occupied HU | 312 (68.7%) |
| Renter Occupied HU | 79 (17.4%) |
| Vacant Housing Units | 63 (13.9%) |
| Median Home Value | $210,000 |
| Average Home Value | $266,210 |
Residential
375
Single Family
369
Multi-Family
6
Businesses
11
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $2146.00 | -30.77% | $200,280 | 38.88% |
| 2023-06-03 | $3100.00 | -0.26% | $144,210 | -15.21% |
| 2022-06-03 | $3108.00 | 16.23% | $170,070 | N/A |
No similar rental properties found nearby.
Listed by: Rose Green • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #719233
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.
