Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Sully at 402 2nd St, Sully, IA, 50251 offers $0/mo rent that, after a $1,170/mo payment. Total monthly income is $0/mo. Return on cash invested measures -3.6% in year one, and rental yield stands at 0% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50251, Sully, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 447 (78.8%) |
| Renter Occupied HU | 90 (15.9%) |
| Vacant Housing Units | 30 ( 5.3%) |
| Median Home Value | $215,678 |
| Average Home Value | $279,223 |
Residential
415
Single Family
415
Multi-Family
0
Businesses
73
Date | Event | Price |
|---|---|---|
| 2024-12-30 | Listed for sale | $239,000 |
| 2019-09-04 | Sold | $171,000 |
| 2019-08-05 | Pending sale | $174,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $2484.00 | 8.19% | $202,340 | 23.86% |
| 2022-01-27 | $2296.00 | 3.99% | $163,360 | 9.16% |
| 2021-01-27 | $2208.00 | -5.21% | $149,650 | 9.81% |
No similar rental properties found nearby.
Listed by: Penny Gable • TurnKey Realty LLC
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6323864
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.
