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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% |
Rental property for sale in Riverside at 451 Hickory St E, Riverside, IA, 52327 offers $0/mo rent that, after a $1,268/mo payment. Total monthly income is $0/mo. Return on cash invested measures -3.61% in year one, and rental yield stands at 0% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52327, Riverside, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 1,000 (71.8%) |
| Renter Occupied HU | 293 (21.0%) |
| Vacant Housing Units | 100 ( 7.2%) |
| Median Home Value | $294,413 |
| Average Home Value | $346,665 |
Residential
1,098
Single Family
1,098
Multi-Family
0
Businesses
70
Date | Event | Price |
|---|---|---|
| 2024-06-03 | Price change | $259,000 |
| 2024-05-20 | Listed for sale | $269,000 |
| 2019-10-30 | Sold | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3246.00 | 2.27% | $209,800 | 16.36% |
| 2022-10-16 | $3174.00 | 1.54% | $180,300 | N/A |
| 2021-10-16 | $3126.00 | 6.76% | $180,300 | 3.80% |
No similar rental properties found nearby.
Listed by: Bambi Boysen • Lepic-Kroeger
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6317492
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.
