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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 Newton at 504 W 2nd St S, Newton, IA, 50208 listed at $177,400 pairs $1,466/mo rent with a $868/mo payment to leave $314/mo cash flow. Total monthly income runs $1,466/mo, and annual cash flow reaches $3,770/yr on $58,808 cash to close. Return on cash invested measures 26.32% in year one, and rental yield registers 9.92% at a $177,400 basis. Equity gained on principal adds $1,145/yr, and annual property appreciation at 5% supports $49,012 by year five. Five-year ROI tracks 137.66% and total cumulative return in cash totals $80,956. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,466/mo property income relative to a $868/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50208, Newton, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,966 (100%) |
| Owner Occupied HU | 5,655 (63.1%) |
| Renter Occupied HU | 2,601 (29.0%) |
| Vacant Housing Units | 710 ( 7.9%) |
| Median Home Value | $171,711 |
| Average Home Value | $218,468 |
Residential
8,615
Single Family
7,477
Multi-Family
1,138
Businesses
647
Date | Event | Price |
|---|---|---|
| 2025-09-08 | Listing removed | $179,900 |
| 2025-09-01 | Price change | $179,900 |
| 2025-08-15 | Price change | $180,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $2114.00 | 38.53% | $122,710 | N/A |
| 2023-10-09 | $1526.00 | 7.46% | $122,710 | 78.59% |
| 2022-10-09 | $1420.00 | -1.39% | $68,710 | 7.73% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
