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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 720 2nd St, Lorimor, IA, 50149 at $127,500 posts ROI -3.6% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -3.6% and rental yield reads 0% at the current $127,500. Equity gained on principal adds $823/yr, and 5% annual appreciation supports $35,226 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
0.49 Acres 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 |
|---|---|---|
| 2024-11-11 | Price change | $127,500 |
| 2024-08-13 | Price change | $134,500 |
| 2024-06-10 | Listed for sale | $139,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $1192.00 | -2.45% | $64,780 | 16.66% |
| 2022-11-20 | $1222.00 | 62.07% | $55,530 | N/A |
| 2021-11-20 | $754.00 | -21.99% | $55,530 | 49.07% |
No similar rental properties found nearby.
Listed by: Michelle Crill • Crill Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6318196
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.
