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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% |
Total monthly income runs $2,213/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 4.43% with $2,213/mo rent. Return on cash invested shows 9.85% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 49.25% and total cumulative return in cash records $97,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,213/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 2000
6.17 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50211, Norwalk, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,447 (100%) |
| Owner Occupied HU | 5,103 (79.2%) |
| Renter Occupied HU | 1,010 (15.7%) |
| Vacant Housing Units | 334 ( 5.2%) |
| Median Home Value | $312,678 |
| Average Home Value | $345,686 |
Residential
6,803
Single Family
6,186
Multi-Family
617
Businesses
254
Date | Event | Price |
|---|---|---|
| 2025-08-18 | Listed for sale | $599,000 |
| 2025-04-21 | Listing removed | $599,000 |
| 2024-09-19 | Pending sale | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-21 | $5928.00 | 18.18% | $495,900 | N/A |
| 2023-08-21 | $5016.00 | 0.93% | $495,900 | 34.21% |
| 2022-08-21 | $4970.00 | -2.40% | $369,500 | N/A |
Listed by: Abby Brenizer • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #724514
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.
