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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 Winterset at 603 W Hutchings St, Winterset, IA, 50273 offers a 11.44% rental yield on a $129,000 purchase with $1,230/mo rent. Total monthly income registers $1,230/mo, and a $631/mo payment leaves $393/mo available for distribution. Annual cash flow reaches $4,711/yr on $42,764 to close, and return on cash invested stands at 30.93% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 162.36% and total cumulative return in cash at $69,433. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,230/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50273, Winterset, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,968 (100%) |
| Owner Occupied HU | 2,692 (67.8%) |
| Renter Occupied HU | 911 (23.0%) |
| Vacant Housing Units | 365 ( 9.2%) |
| Median Home Value | $228,438 |
| Average Home Value | $301,850 |
Residential
3,690
Single Family
3,511
Multi-Family
179
Businesses
308
Date | Event | Price |
|---|---|---|
| 2025-03-10 | Listed for sale | $129,000 |
| 2025-03-06 | Pending sale | $129,000 |
| 2025-03-02 | Listing removed | $129,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-13 | $1940.00 | -0.10% | $113,300 | 20.79% |
| 2022-03-13 | $1942.00 | 36.38% | $93,800 | N/A |
| 2021-03-13 | $1424.00 | 2.89% | $93,800 | 41.05% |
Listed by: Anthony Dennis • RE/MAX Revolution
Mls Name: DMMLS
Mls Provider:
Mls ID: #708660
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.
