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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 Le Mars at 521 2nd Ave NW, Le Mars, IA, 51031 listed at $135,000 pairs $1,338/mo rent with a $661/mo payment to leave $461/mo cash flow. Total monthly income runs $1,338/mo, and annual cash flow reaches $5,532/yr on $44,753 cash to close. Return on cash invested measures 32.27% in year one, and rental yield registers 11.89% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 169.49% and total cumulative return in cash totals $75,853. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,338/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Sold | $135,000 |
| 2025-08-21 | Pending sale | $124,000 |
| 2025-08-19 | Listed for sale | $124,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $1172.00 | 2.09% | $114,770 | 12.44% |
| 2023-10-20 | $1148.00 | 1.06% | $102,070 | 18.04% |
| 2022-10-20 | $1136.00 | -0.53% | $86,470 | N/A |
Listed by: Misty J Szczech • Exit Realty Midwest - LeMars
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829950
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.
