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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 Coon Rapids at 515 State St, Coon Rapids, IA, 50058 listed at $164,500 pairs $1,239/mo rent with a $805/mo payment to leave $171/mo cash flow. Total monthly income runs $1,239/mo, and annual cash flow reaches $2,050/yr on $54,532 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 9.04% at a $164,500 basis. Equity gained on principal adds $1,061/yr, and annual property appreciation at 5% supports $45,448 by year five. Five-year ROI tracks 123.4% and total cumulative return in cash totals $67,294. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,239/mo property income relative to a $805/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50058, Coon Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 624 (71.7%) |
| Renter Occupied HU | 151 (17.4%) |
| Vacant Housing Units | 95 (10.9%) |
| Median Home Value | $165,234 |
| Average Home Value | $211,130 |
Residential
811
Single Family
804
Multi-Family
7
Businesses
83
Date | Event | Price |
|---|---|---|
| 2025-03-03 | Listed for sale | $164,500 |
| 2015-05-13 | Sold | $91,000 |
| 2015-02-18 | Listed for sale | $95,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-04 | $1354.00 | 3.04% | $114,830 | 32.17% |
| 2022-03-04 | $1314.00 | -4.51% | $86,880 | N/A |
| 2021-03-04 | $1376.00 | 2.84% | $86,880 | N/A |
Listed by: Katie Wall • Denison Realty, LLC
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325336
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.
