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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 Shenandoah at 4247 260th St, Shenandoah, IA, 51601 offers a 4.1% rental yield on a $360,000 purchase with $1,230/mo rent. 77% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 43.49% and total cumulative return in cash at $51,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,230/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51601, Shenandoah, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 1,629 (56.1%) |
| Renter Occupied HU | 937 (32.3%) |
| Vacant Housing Units | 339 (11.7%) |
| Median Home Value | $134,422 |
| Average Home Value | $177,239 |
Residential
2,593
Single Family
2,292
Multi-Family
301
Businesses
292
Date | Event | Price |
|---|---|---|
| 2025-06-03 | Listed for sale | $360,000 |
| 2015-07-30 | Listing removed | $199,000 |
| 2015-03-10 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-06 | $2170.00 | 4.13% | $185,120 | N/A |
| 2023-06-06 | $2084.00 | 2.66% | $185,120 | 17.35% |
| 2022-06-06 | $2030.00 | 5.62% | $157,750 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
