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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% |
Rental property for sale in Mount Pleasant at 800 E Cedar Ln, Mount Pleasant, IA, 52641 priced at $154,900 pairs $1,207/mo rent with $201/mo cash flow after a $758/mo payment. Total monthly income equals $1,207/mo, and annual cash flow comes to $2,414/yr on $51,349 invested. Return on cash invested is 24.61% in year one, and rental yield stands at 9.35% on a $154,900 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,796 by year five. Five-year ROI measures 128.52% and total cumulative return in cash reaches $65,996. For financing, Ziffy Mortgage’s DSCR program evaluates $1,207/mo property income against a $758/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52641, Mount Pleasant, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,051 (100%) |
| Owner Occupied HU | 3,191 (63.2%) |
| Renter Occupied HU | 1,428 (28.3%) |
| Vacant Housing Units | 432 ( 8.6%) |
| Median Home Value | $175,163 |
| Average Home Value | $210,482 |
Residential
4,848
Single Family
4,458
Multi-Family
390
Businesses
517
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: Melissa A Peitz • Cottage Realty LLC
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6334019
