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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 8th St, Malcom, IA, 50157 listed at $274,000 pairs $0/mo rent with a $1,341/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.6% in year one, and rental yield registers 0% at a $274,000 basis. Equity gained on principal adds $1,768/yr, and annual property appreciation at 5% supports $75,701 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,341/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.55 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 |
|---|---|---|
| 2025-06-20 | Listed for sale | $274,000 |
| 2019-11-20 | Sold | $174,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-24 | $2410.00 | -10.67% | $177,750 | 24.41% |
| 2022-06-24 | $2698.00 | 0.37% | $142,880 | N/A |
| 2021-06-24 | $2688.00 | 2.05% | $142,880 | 5.99% |
No similar rental properties found nearby.
Listed by: Lynn T Mawe • RE/MAX Partners Realty, Grinnell
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328863
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.
