Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Van Meter at 5100 Ella Ivy Ct, Van Meter, IA, 50261 at $295,175 posts ROI 26.28% with $519/mo cash flow from $2,449/mo rent. Total monthly income equals $2,449/mo, and annual cash flow records $6,231/yr on $97,851 to close. Return on cash invested measures 26.28% and rental yield reads 9.96% at the current $295,175. Equity gained on principal adds $1,905/yr, and 5% annual appreciation supports $81,551 by year five. Five-year ROI prints 137.47% and total cumulative return in cash totals $134,517.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,449/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
4,791 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood data shown for ZIP Code: 50261, Van Meter, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,207 (100%) |
| Owner Occupied HU | 982 (81.4%) |
| Renter Occupied HU | 119 ( 9.9%) |
| Vacant Housing Units | 106 ( 8.8%) |
| Median Home Value | $523,148 |
| Average Home Value | $553,473 |
Residential
1,026
Single Family
1,014
Multi-Family
12
Businesses
39
Date | Event | Price |
|---|---|---|
| 2025-06-17 | Sold | $295,175 |
| 2025-05-05 | Pending sale | $285,900 |
| 2024-11-18 | Listed for sale | $285,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $2.00 | -50.00% | $180 | N/A |
| 2023-10-19 | $4.00 | N/A | $180 | N/A |
| 2022-10-19 | $4.00 | N/A | $180 | N/A |
Listed by: Lindsy Baker • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #707990
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.
