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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 Wayland at 508 N Jefferson St, Wayland, IA, 52654 with 5% annual appreciation on a $239,900 basis while $0/mo rent supports operations. 6% in year one. Equity gained on principal adds $1,548/yr, and five-year appreciation sums $66,280 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52654, Wayland, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 703 (100%) |
| Owner Occupied HU | 516 (73.4%) |
| Renter Occupied HU | 151 (21.5%) |
| Vacant Housing Units | 36 ( 5.1%) |
| Median Home Value | $157,589 |
| Average Home Value | $225,053 |
Residential
583
Single Family
539
Multi-Family
44
Businesses
53
Date | Event | Price |
|---|---|---|
| 2025-05-19 | Listed for sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $2720.00 | 7.68% | $180,090 | N/A |
| 2023-05-22 | $2526.00 | 2.27% | $180,090 | 27.44% |
| 2022-05-22 | $2470.00 | 2.49% | $141,310 | N/A |
No similar rental properties found nearby.
Listed by: Skye Glover • Benchmark Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327776
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.
