








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 Menlo at 408 5th St, Menlo, IA, 50164 earns from $1,427/mo rent with a $1,136/mo payment. Total monthly income totals $1,427/mo. ROI tracks 18.66% on current figures, and rental yield reads 7.38% at a $232,000 purchase. Equity gained on principal adds $1,497/yr, and 5% annual appreciation supports $64,097 over five years. Five-year ROI reaches 96.55% and total cumulative return in cash sums $74,255. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,427/mo property income instead of your personal income.
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50164, Menlo, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 295 (100%) |
| Owner Occupied HU | 228 (77.3%) |
| Renter Occupied HU | 27 ( 9.2%) |
| Vacant Housing Units | 40 (13.6%) |
| Median Home Value | $234,000 |
| Average Home Value | $257,577 |
Residential
192
Single Family
192
Multi-Family
0
Businesses
19
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Listed for sale | $232,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-20 | $1592.00 | 224.90% | $105,700 | N/A |
| 2023-04-20 | $490.00 | -2.00% | $105,700 | 319.44% |
| 2022-04-20 | $500.00 | -9.75% | $25,200 | -8.03% |



Listed by: Dakoda Overbeck • Iowa Realty Waukee
Mls Name: DMMLS
Mls Provider:
Mls ID: #715755
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.