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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 De Witt at 721 15th St, De Witt, IA, 52742 listed at $182,500 pairs $1,720/mo rent with a $893/mo payment to leave $535/mo cash flow. Total monthly income runs $1,720/mo, and annual cash flow reaches $6,420/yr on $60,499 cash to close. Return on cash invested measures 30.52% in year one, and rental yield registers 11.31% at a $182,500 basis. Equity gained on principal adds $1,178/yr, and annual property appreciation at 5% supports $50,421 by year five. Five-year ROI tracks 160.14% and total cumulative return in cash totals $96,886. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,720/mo property income relative to a $893/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52742, De Witt, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 2,409 (72.3%) |
| Renter Occupied HU | 728 (21.9%) |
| Vacant Housing Units | 193 ( 5.8%) |
| Median Home Value | $273,680 |
| Average Home Value | $299,149 |
Residential
3,208
Single Family
3,080
Multi-Family
128
Businesses
291
Date | Event | Price |
|---|---|---|
| 2025-09-26 | Sold | $182,500 |
| 2025-08-19 | Pending sale | $199,000 |
| 2025-07-29 | Price change | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2754.00 | -8.26% | $182,080 | N/A |
| 2023-10-24 | $3002.00 | 16.63% | $182,080 | 13.31% |
| 2022-10-24 | $2574.00 | 3.29% | $160,690 | 15.50% |
Listed by: Shelly Borota • Ruhl&Ruhl REALTORS DeWitt
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4265656
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 03:17:59 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)
