Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Creston at 404 N Pine St, Creston, IA, 50801 priced at $149,900 converts $1,920/mo rent into $946/mo cash flow after a $734/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $11,354/yr on $49,692 invested. Return on cash invested prints 42.76% in year one, and rental yield reads 15.37% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 225.86% and total cumulative return in cash sums $112,235. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50801, Creston, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,417 (100%) |
| Owner Occupied HU | 2,674 (60.5%) |
| Renter Occupied HU | 1,246 (28.2%) |
| Vacant Housing Units | 497 (11.3%) |
| Median Home Value | $133,418 |
| Average Home Value | $182,572 |
Residential
3,973
Single Family
3,619
Multi-Family
354
Businesses
385
Date | Event | Price |
|---|---|---|
| 2024-09-26 | Price change | $149,900 |
| 2024-09-06 | Price change | $152,900 |
| 2024-08-26 | Price change | $158,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1314.00 | 0.92% | $64,030 | 17.66% |
| 2022-10-16 | $1302.00 | -17.39% | $54,420 | N/A |
| 2021-10-16 | $1576.00 | 1.56% | $54,420 | -13.11% |
Listed by: Dustin Schutte • RE/MAX Revolution
Mls Name: DMMLS
Mls Provider:
Mls ID: #700474
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.
