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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% |
Rental property for sale in Shenandoah at 600 West St, Shenandoah, IA, 51601 offers $1,548/mo rent that, after a $1,170/mo payment. Total monthly income is $1,548/mo. Return on cash invested measures 19.84% in year one, and rental yield stands at 7.77% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 102.89% and total cumulative return in cash reaches $81,516. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,548/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51601, Shenandoah, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 1,629 (56.1%) |
| Renter Occupied HU | 937 (32.3%) |
| Vacant Housing Units | 339 (11.7%) |
| Median Home Value | $134,422 |
| Average Home Value | $177,239 |
Residential
2,593
Single Family
2,292
Multi-Family
301
Businesses
292
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: Amy Zwickel • Jim Hughes Real Estate
Mls Name: My State MLS
Mls ID: #11586952
