








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 Altoona at 3317 12th Ave SW, Altoona, IA, 50009 earns $346/mo cash flow from $2,700/mo rent with a $1,763/mo payment. Total monthly income totals $2,700/mo, and annual cash flow totals $4,151/yr on $119,436 capital. ROI tracks 23.38% on current figures, and rental yield reads 8.99% at a $360,290 purchase. Equity gained on principal adds $2,325/yr, and 5% annual appreciation supports $99,541 over five years. Five-year ROI reaches 121.93% and total cumulative return in cash sums $145,624. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,700/mo property income instead of your personal income.
Single Family
Built in 2025
6,882 sqft lot
$N/A/sqft
$175 annually HOA
Neighborhood data shown for ZIP Code: 50009, Altoona, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,219 (100%) |
| Owner Occupied HU | 6,552 (64.1%) |
| Renter Occupied HU | 3,043 (29.8%) |
| Vacant Housing Units | 624 ( 6.1%) |
| Median Home Value | $318,899 |
| Average Home Value | $345,433 |
Residential
9,784
Single Family
8,330
Multi-Family
1,454
Businesses
564
Date | Event | Price |
|---|---|---|
| 2025-09-30 | Pending sale | $364,990 |
| 2025-09-26 | Sold | $360,290 |
| 2025-07-02 | Listed for sale | $364,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kathryn Greer • DRH Realty of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #721465
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.