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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 Malcom at 602 3rd St, Malcom, IA, 50157 offers a 8.38% rental yield on a $175,000 purchase with $1,222/mo rent. Total monthly income registers $1,222/mo, and a $857/mo payment leaves $85/mo available for distribution. Annual cash flow reaches $1,020/yr on $58,013 to close, and return on cash invested stands at 21.67% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 112.66% and total cumulative return in cash at $65,359. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,222/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1898
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50157, Malcom, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 309 (100%) |
| Owner Occupied HU | 233 (75.4%) |
| Renter Occupied HU | 53 (17.2%) |
| Vacant Housing Units | 23 ( 7.4%) |
| Median Home Value | $221,711 |
| Average Home Value | $301,180 |
Residential
255
Single Family
255
Multi-Family
0
Businesses
19
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: Jorgenson, Eva • Weichert, Realtors - 515 Agency
Mls Name: DMMLS
Mls ID: #721710
