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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 Wapello at 521 S 2nd St, Wapello, IA, 52653 listed at $190,000 pairs $720/mo rent with a $930/mo payment. Total monthly income runs $720/mo. Return on cash invested measures 10.12% in year one, and rental yield registers 4.55% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 50.7% and total cumulative return in cash totals $31,932. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $720/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52653, Wapello, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,632 (100%) |
| Owner Occupied HU | 1,125 (68.9%) |
| Renter Occupied HU | 269 (16.5%) |
| Vacant Housing Units | 238 (14.6%) |
| Median Home Value | $157,972 |
| Average Home Value | $196,427 |
Residential
1,362
Single Family
1,331
Multi-Family
31
Businesses
118
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Duane Boysen • Boysen's Home and Farm LLC
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6329709
