








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 Grimes at 5610 152nd St, Grimes, IA, 50111 earns $214/mo cash flow from $2,668/mo rent with a $1,835/mo payment. Total monthly income totals $2,668/mo, and annual cash flow totals $2,571/yr on $124,309 capital. ROI tracks 21.98% on current figures, and rental yield reads 8.54% at a $374,990 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,603 over five years. Five-year ROI reaches 114.42% and total cumulative return in cash sums $142,236. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,668/mo property income instead of your personal income.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
$225 annually HOA
Neighborhood data shown for ZIP Code: 50111, Grimes, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,438 (100%) |
| Owner Occupied HU | 5,041 (67.8%) |
| Renter Occupied HU | 1,944 (26.1%) |
| Vacant Housing Units | 453 ( 6.1%) |
| Median Home Value | $352,789 |
| Average Home Value | $397,644 |
Residential
7,220
Single Family
6,963
Multi-Family
257
Businesses
595
Date | Event | Price |
|---|---|---|
| 2025-12-02 | Price change | $374,990 |
| 2025-11-26 | Listed for sale | $379,990 |
| 2025-11-25 | Pending sale | $379,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kathryn Greer • DRH Realty of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #720968
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.