6911-10 F West Hwy #48, Newton, IA, 50208 | 2.87% Rental Yield

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6911-10 F West Hwy #48, Newton, IA, 50208 | 2.87% Rental Yield | 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 Newton at 6911-10 F West Hwy #48, Newton, IA, 50208 offers a 2.87% rental yield on a $575,000 purchase with $1,374/mo rent. 09% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 23.74% and total cumulative return in cash at $44,903. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,374/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2021

2.85 Acres lot

$N/A/sqft

No HOA

More details about the property

Stunning views and low utilities with this picture perfect berm home with HUGE 2000 ft. garage. The home has been recently painted inside with a fireplace in the family room and a fireplace in the master bedroom added for a cozy feel on those chilly mornings or evenings. The home is top shelf with maintenance, has a mudroom, a pantry, wall mount water heater, many new light fixtures. The lovely owner's suite has the fireplace, walk-in closet, huge walk in shower and separate tub. The large mudroom houses the laundry with ample space for more cabinets if desired. But the garage with three 10' doors, each with their own opener and keypad, windows in each and heating make this space like no other. After falling in love with this beauty, consider the tasteful furnishings. Sellers would be willing to sell the furnishings with the home except for the guest bedroom furniture and the bench in the pantry. The term TURNKEY applies.......just move in. Home and lot plus lot to west included in this sale. Lot across the driveway is also for sale and is 1.92 acres.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50208, Newton, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,966 (100%)
Owner Occupied HU	5,655 (63.1%)
Renter Occupied HU	2,601 (29.0%)
Vacant Housing Units	710 ( 7.9%)
Median Home Value	$171,711
Average Home Value	$218,468