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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 Fremont at 408 W Main St, Fremont, IA, 52561 offers a 0% rental yield on a $225,000 purchase with $0/mo rent. 6% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52561, Fremont, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 437 (100%) |
| Owner Occupied HU | 297 (68.0%) |
| Renter Occupied HU | 97 (22.2%) |
| Vacant Housing Units | 43 ( 9.8%) |
| Median Home Value | $143,750 |
| Average Home Value | $201,793 |
Residential
287
Single Family
287
Multi-Family
0
Businesses
32
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: Kayla McConnell • RE/MAX Pride-Ottumwa
Mls Name: NoCoast MLS
Mls ID: #6330621
