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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 Pierson at 710 1st St, Pierson, IA, 51048 listed at $104,000 pairs $820/mo rent with a $509/mo payment to leave $145/mo cash flow. Total monthly income runs $820/mo, and annual cash flow reaches $1,735/yr on $34,476 cash to close. Return on cash invested measures 24.94% in year one, and rental yield registers 9.46% at a $104,000 basis. Equity gained on principal adds $671/yr, and annual property appreciation at 5% supports $28,733 by year five. Five-year ROI tracks 130.28% and total cumulative return in cash totals $44,916. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $820/mo property income relative to a $509/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51048, Pierson, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 267 (100%) |
| Owner Occupied HU | 170 (63.7%) |
| Renter Occupied HU | 65 (24.3%) |
| Vacant Housing Units | 32 (12.0%) |
| Median Home Value | $220,313 |
| Average Home Value | $234,618 |
Residential
159
Single Family
159
Multi-Family
0
Businesses
14
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Emily Brewer • Cardinal City Realty, Inc.
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830349
