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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% |
Investment property for sale in What Cheer at 402 W Johnston St, What Cheer, IA, 50268 earns $182/mo cash flow from $1,124/mo rent with a $710/mo payment. Total monthly income totals $1,124/mo, and annual cash flow totals $2,184/yr on $48,068 capital. ROI tracks 24.45% on current figures, and rental yield reads 9.3% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 127.59% and total cumulative return in cash sums $61,328. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,124/mo property income instead of your personal income.
Single Family
Built in 1880
8,712 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-12-30 | Price change | $145,000 |
| 2024-10-08 | Listed for sale | $165,000 |
| 2024-07-24 | Listing removed | $74,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $700.00 | -10.26% | $76,250 | 59.59% |
| 2022-01-27 | $780.00 | -1.27% | $47,780 | N/A |
| 2021-01-27 | $790.00 | -15.35% | $47,780 | 5.90% |
Listed by: Karen Converse • RE/MAX Pride Oskaloosa
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321630
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.
