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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 Adel at 509 S 12th St, Adel, IA, 50003 uses $61,328 cash to close to unlock $2,868/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $905/mo payment keeps the spread at $239/mo. Purchase price stands at $185,000, and rental yield measures 9.34% with $1,440/mo rent. Return on cash invested shows 24.59% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 128.31% and total cumulative return in cash records $78,687. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1981
5,850 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Price change | $185,000 |
| 2025-04-12 | Listed for sale | $200,000 |
| 2021-08-27 | Sold | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-16 | $2296.00 | 18.84% | $133,160 | 15.68% |
| 2022-04-16 | $1932.00 | -0.31% | $115,110 | 17.93% |
| 2021-04-16 | $1938.00 | 2.11% | $97,610 | 7.38% |
Listed by: Shonna Murrey • Epique Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #715070
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.
