602 N 12th St, Guthrie Center, IA, 50115 | $433/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

602 N 12th St, Guthrie Center, IA, 50115 | $433/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1175 sft

205 E Grant St, Casey, IA, 50048

3 Bed
1 Bath
1246 sft

108 W Logan St, Casey, IA, 50048

1 Bed
1 Bath
686 sft

2902 Juniper Ave, Casey, IA, 50048

2 Bed
1 Bath
1178 sft

1005 Hillcrest Dr, Anita, IA, 50020

Nearby investment properties with comparable prices

2 Bed
2 Bath
1344 sft

301 W Washington St, Exira, IA, 50076

2 Bed
1 Bath
1178 sft

1005 Hillcrest Dr, Anita, IA, 50020

2 Bed
1 Bath
852 sft

304 Elm St, Anita, IA, 50020

3 Bed
1 Bath
1072 sft

105 North St, Guthrie Center, IA, 50115

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Rental property for sale in Guthrie Center at 602 N 12th St, Guthrie Center, IA, 50115 generates $1,310/mo in rent and, after a $661/mo payment, leaves $433/mo in cash flow. Total monthly income is $1,310/mo, and annual cash flow is $5,196/yr on $44,753 invested. Return on cash invested sits at 31.52% in year one, and rental yield is 11.64% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 165.47% and total cumulative return in cash sums $74,053. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,310/mo property income rather than buyer’s personal income.

Single Family

Built in 1900

0.74 Acres lot

$N/A/sqft

No HOA

More details about the property

Cozy little 2br home in a great location! Minute walk to the GCH and a short drive to the schools and downtown GC. Many updates have been done over the years such as kitchen cabinetry, flooring, oak built-ins, windows, and roof. Added features to the custom walnut kitchen are soft close drawers and rollouts. All appliances are included. On the outside the seller added an attached carport with an additional attached shed. Large lot with a few mature trees extends to the east and allows plenty of space for any future additions.