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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% |
Rental property for sale in Atkins at 608 Ridgeview Way, Atkins, IA, 52206 offers $2,716/mo rent that, after a $1,957/mo payment, leaves $119/mo cash flow. Total monthly income is $2,716/mo, and annual cash flow is $1,430/yr on $132,567 cash. Return on cash invested measures 20.99% in year one, and rental yield stands at 8.15% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 109.05% and total cumulative return in cash reaches $144,560. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,716/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52206, Atkins, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 854 (85.7%) |
| Renter Occupied HU | 84 ( 8.4%) |
| Vacant Housing Units | 59 ( 5.9%) |
| Median Home Value | $306,997 |
| Average Home Value | $307,579 |
Residential
812
Single Family
804
Multi-Family
8
Businesses
36
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Listed for sale | $399,900 |
| 2025-07-01 | Listing removed | $410,000 |
| 2025-06-20 | Price change | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-15 | $5084.00 | 5.04% | $360,500 | N/A |
| 2023-07-15 | $4840.00 | 0.83% | $360,500 | 18.70% |
| 2022-07-15 | $4800.00 | 12.25% | $303,700 | N/A |
Listed by: Tami Timm • Realty87
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2506102
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.
