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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 Brooklyn at 412 W Pershing Dr, Brooklyn, IA, 52211 uses $38,089 cash to close to unlock $10,490/yr annual cash flow and $874/mo monthly cash flow. Total monthly income runs $1,620/mo, and a $562/mo payment keeps the spread at $874/mo. Purchase price stands at $114,900, and rental yield measures 16.92% with $1,620/mo rent. Return on cash invested shows 47.45% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 251.04% and total cumulative return in cash records $95,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1900
10,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52211, Brooklyn, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,553 (100%) |
| Owner Occupied HU | 896 (57.7%) |
| Renter Occupied HU | 225 (14.5%) |
| Vacant Housing Units | 432 (27.8%) |
| Median Home Value | $211,667 |
| Average Home Value | $246,032 |
Residential
1,054
Single Family
1,054
Multi-Family
0
Businesses
83
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Pending sale | $114,900 |
| 2024-09-03 | Price change | $114,900 |
| 2024-05-08 | Price change | $119,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1252.00 | 4.86% | $81,900 | 11.20% |
| 2022-10-15 | $1194.00 | 0.17% | $73,650 | N/A |
| 2021-10-15 | $1192.00 | 8.76% | $73,650 | 6.00% |
What's Special
Walk-up
Listed by: Susanne Otcheck-Hulin • Iowa Realty Co., Inc - Grinnell
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6317164
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.
