








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 Victor at 607 3rd St, Victor, IA, 52347 offers a 10.35% rental yield on a $285,900 purchase with $2,467/mo rent. Total monthly income registers $2,467/mo, and a $1,399/mo payment leaves $611/mo available for distribution. Annual cash flow reaches $7,327/yr on $94,776 to close, and return on cash invested stands at 27.64% in year one. Equity gained on principal adds $1,845/yr while 5% annual appreciation supports $78,989 over five years. Portfolio math shows five-year ROI at 144.71% and total cumulative return in cash at $137,149. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,467/mo property income against a $1,399/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52347, Victor, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 616 (100%) |
| Owner Occupied HU | 452 (73.4%) |
| Renter Occupied HU | 115 (18.7%) |
| Vacant Housing Units | 49 ( 8.0%) |
| Median Home Value | $146,324 |
| Average Home Value | $241,444 |
Residential
355
Single Family
340
Multi-Family
15
Businesses
61
Date | Event | Price |
|---|---|---|
| 2024-08-27 | Price change | $285,900 |
| 2024-08-12 | Price change | $285,000 |
| 2024-03-18 | Listed for sale | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $2076.00 | 14.95% | $130,900 | 16.88% |
| 2022-11-20 | $1806.00 | -7.57% | $112,000 | N/A |
| 2021-11-20 | $1954.00 | 2.84% | $112,000 | -1.66% |



Listed by: Jake McLaughlin • Iowa Elite Marketing Group
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202404932
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.