








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 508 W Adams St, Creston, IA, 50801 earns $1,106/mo cash flow from $1,920/mo rent with a $582/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $13,268/yr on $39,449 capital. ROI tracks 53.54% on current figures, and rental yield reads 19.36% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 284.1% and total cumulative return in cash sums $112,073. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 1898
9,147 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 |
|---|---|---|
| 2024-10-07 | Listed for sale | $119,000 |
| 2013-03-15 | Sold | $60,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2312.00 | 0.87% | $111,790 | 16.70% |
| 2022-10-16 | $2292.00 | -13.64% | $95,790 | N/A |
| 2021-10-16 | $2654.00 | 1.51% | $95,790 | -9.22% |



Listed by: Emmy Key • Our Town Realty, LLC
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321949
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.