606 S Elm St, Creston, IA, 50801 | $177/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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606 S Elm St, Creston, IA, 50801 | $177/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Creston at 606 S Elm St, Creston, IA, 50801 at $175,000 posts ROI 23.57% with $177/mo cash flow from $1,314/mo rent. Total monthly income equals $1,314/mo, and annual cash flow records $2,124/yr on $58,013 to close. Return on cash invested measures 23.57% and rental yield reads 9.01% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 122.88% and total cumulative return in cash totals $71,287.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,314/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2020

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Single story living that was constructed in the year 2020! 3 bedrooms with master having a 3/4 bath en suite and a full bathroom situated strategically for the household. Very spacious kitchen with room for a kitchen table while also providing bar setting. All appliance are included! The laundry is off the kitchen and access to clean, dry, lighted crawlspace in the utility area. Two sheds are included, with one that has electric supplied by an exterior plug in. The front porch is the best place to relax for the evening to watch the world go by. Nicely landscaped with perennials, strawberries and asparagus! This is an all-electric, clean, well cared for home and is definitely move-in ready! Call to schedule your appointment to view!

Neighborhood Data

Neighborhood data shown for ZIP Code: 50801, Creston, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,417 (100%)
Owner Occupied HU	2,674 (60.5%)
Renter Occupied HU	1,246 (28.2%)
Vacant Housing Units	497 (11.3%)
Median Home Value	$133,418
Average Home Value	$182,572