




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 506 W Townline St, Creston, IA, 50801 uses $49,723 cash to close to unlock $1,968/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,138/mo, and a $734/mo payment keeps the spread at $164/mo. Purchase price stands at $149,995, and rental yield measures 9.1% with $1,138/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $41,441 over five years. Five-year ROI reaches 124.59% and total cumulative return in cash records $61,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,138/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.36 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



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Mls ID: #N/A