








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 West Point at 507 4th St, West Point, IA, 52656 offers $1,306/mo rent that, after a $504/mo payment, leaves $535/mo cash flow. Total monthly income is $1,306/mo, and annual cash flow is $6,420/yr on $34,145 cash. Return on cash invested measures 38.71% in year one, and rental yield stands at 15.22% at a $103,000 entry. Equity gained on principal adds $665/yr while 5% annual appreciation compounds into $28,457 by year five. Five-year ROI records 205.38% and total cumulative return in cash reaches $70,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,306/mo property income versus a $504/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52656, West Point, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,098 (100%) |
| Owner Occupied HU | 864 (78.7%) |
| Renter Occupied HU | 149 (13.6%) |
| Vacant Housing Units | 85 ( 7.7%) |
| Median Home Value | $293,506 |
| Average Home Value | $361,172 |
Residential
937
Single Family
923
Multi-Family
14
Businesses
57
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Sold | $103,000 |
| 2025-09-10 | Pending sale | $117,500 |
| 2025-04-29 | Price change | $117,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $2792.00 | 24.20% | $165,480 | N/A |
| 2023-10-21 | $2248.00 | 14.34% | $165,480 | 33.53% |
| 2022-10-21 | $1966.00 | 6.85% | $123,930 | N/A |



Listed by: Kearstin Mason • Fraise Auction & Real Estate
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6326917
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-21 00:07:15 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#7734)