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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 Creston at 505 E Harsh St, Creston, IA, 50801 offers a 6.03% rental yield on a $215,000 purchase with $1,080/mo rent. 22% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 72.84% and total cumulative return in cash at $51,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50801, Creston, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,417 (100%) |
| Owner Occupied HU | 2,674 (60.5%) |
| Renter Occupied HU | 1,246 (28.2%) |
| Vacant Housing Units | 497 (11.3%) |
| Median Home Value | $133,418 |
| Average Home Value | $182,572 |
Residential
3,973
Single Family
3,619
Multi-Family
354
Businesses
385
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Listed for sale | $215,000 |
| 2023-07-24 | Listing removed | N/A |
| 2021-05-21 | Pending sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3532.00 | N/A | $184,740 | 19.03% |
| 2022-10-16 | N/A | N/A | $155,200 | N/A |
| 2021-10-16 | N/A | N/A | $155,200 | 18.04% |
Listed by: Kiki Scarberry • Our Town Realty, LLC
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321902
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.
