








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 Corning at 601 15th St, Corning, IA, 50841 earns $366/mo cash flow from $1,268/mo rent with a $680/mo payment. Total monthly income totals $1,268/mo, and annual cash flow totals $4,387/yr on $46,079 capital. ROI tracks 29.43% on current figures, and rental yield reads 10.95% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 154.32% and total cumulative return in cash sums $71,108. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,268/mo property income instead of your personal income.
Single Family
Built in 1985
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50841, Corning, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 856 (63.6%) |
| Renter Occupied HU | 282 (21.0%) |
| Vacant Housing Units | 207 (15.4%) |
| Median Home Value | $129,730 |
| Average Home Value | $211,168 |
Residential
1,208
Single Family
1,188
Multi-Family
20
Businesses
141
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: Jacy Larson • Preferred Properties of Iowa, Inc.
Mls Name: My State MLS
Mls ID: #11603349