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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 Lorimor at 714 Main St, Lorimor, IA, 50149 earns from $0/mo rent with a $759/mo payment. Total monthly income totals $0/mo. ROI tracks -3.61% on current figures, and rental yield reads 0% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50149, Lorimor, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 454 (100%) |
| Owner Occupied HU | 312 (68.7%) |
| Renter Occupied HU | 79 (17.4%) |
| Vacant Housing Units | 63 (13.9%) |
| Median Home Value | $210,000 |
| Average Home Value | $266,210 |
Residential
375
Single Family
369
Multi-Family
6
Businesses
11
Date | Event | Price |
|---|---|---|
| 2024-04-24 | Listed for sale | $155,000 |
| 2024-02-19 | Listing removed | N/A |
| 2024-01-03 | Price change | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $646.00 | -7.98% | $29,390 | 16.30% |
| 2022-10-15 | $702.00 | -17.80% | $25,270 | -5.50% |
| 2021-10-15 | $854.00 | 1.51% | $26,740 | -17.52% |
No similar rental properties found nearby.
Listed by: Ian Sparks • Homefront Real Estate, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #693774
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.
