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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% |
Rental property for sale in Tiffin at 512 Thomas St, Tiffin, IA, 52340 generates $2,312/mo in rent and, after a $1,273/mo payment, leaves $423/mo in cash flow. Total monthly income is $2,312/mo, and annual cash flow is $5,076/yr on $86,187 invested. Return on cash invested sits at 25.8% in year one, and rental yield is 10.67% on a $259,990 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,830 over five years. Five-year ROI reaches 135.89% and total cumulative return in cash sums $117,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,312/mo property income rather than buyer’s personal income.
Condo
Built in 2024
3,049 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood data shown for ZIP Code: 52340, Tiffin, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,399 (100%) |
| Owner Occupied HU | 1,622 (67.6%) |
| Renter Occupied HU | 534 (22.3%) |
| Vacant Housing Units | 243 (10.1%) |
| Median Home Value | $343,688 |
| Average Home Value | $346,595 |
Residential
2,445
Single Family
2,168
Multi-Family
277
Businesses
140
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Pending sale | $259,990 |
| 2025-04-04 | Sold | $259,990 |
| 2025-02-19 | Price change | $259,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $2.03 | N/A | $100 | N/A |
Listed by: Patrick Fox • DRH Realty Of Iowa, LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406333
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.
