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 Creston at 516 W Mills St, Creston, IA, 50801 earns $148/mo cash flow from $1,310/mo rent with a $876/mo payment. Total monthly income totals $1,310/mo, and annual cash flow totals $1,771/yr on $59,339 capital. ROI tracks 22.89% on current figures, and rental yield reads 8.78% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 119.26% and total cumulative return in cash sums $70,767. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,310/mo property income instead of your personal income.
Single Family
Built in 1893
6,534 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $179,000 |
| 2024-10-23 | Listing removed | $144,500 |
| 2023-10-23 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $2298.00 | -8.30% | $153,050 | 17.37% |
| 2023-04-23 | $2506.00 | 67.29% | $130,400 | 15.71% |
| 2022-04-23 | $1498.00 | 49.20% | $112,700 | 79.86% |
Listed by: Ruth Bolinger • The Real Estate Store
Mls Name: My State MLS
Mls ID: #11478820
