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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% |
Investment property for sale in Van Wert at 407 N 2nd St, Van Wert, IA, 50262 earns from $0/mo rent with a $562/mo payment. Total monthly income totals $0/mo. ROI tracks -3.59% on current figures, and rental yield reads 0% at a $114,900 purchase. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Manufactured
Built in 1998
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50262, Van Wert, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 224 (100%) |
| Owner Occupied HU | 158 (70.5%) |
| Renter Occupied HU | 28 (12.5%) |
| Vacant Housing Units | 38 (17.0%) |
| Median Home Value | $202,500 |
| Average Home Value | $245,032 |
Residential
144
Single Family
144
Multi-Family
0
Businesses
9
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Adam Fitzpatrick • Stoney Oak Properties LLC
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6329891
