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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 Princeton at 803 Locust St, Princeton, IA, 52768 priced at $240,000 pairs $1,916/mo rent with $357/mo cash flow after a $1,175/mo payment. Total monthly income equals $1,916/mo, and annual cash flow comes to $4,284/yr on $79,560 invested. Return on cash invested is 25.29% in year one, and rental yield stands at 9.58% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 132.1% and total cumulative return in cash reaches $105,098. For financing, Ziffy Mortgage’s DSCR program evaluates $1,916/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52768, Princeton, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 620 (100%) |
| Owner Occupied HU | 506 (81.6%) |
| Renter Occupied HU | 74 (11.9%) |
| Vacant Housing Units | 40 ( 6.5%) |
| Median Home Value | $355,435 |
| Average Home Value | $486,675 |
Residential
411
Single Family
411
Multi-Family
0
Businesses
24
Date | Event | Price |
|---|---|---|
| 2025-08-11 | Sold | $240,000 |
| 2025-07-14 | Contingent | $245,000 |
| 2025-07-07 | Price change | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $2428.00 | 5.20% | $209,900 | N/A |
| 2023-10-12 | $2308.00 | -5.10% | $209,900 | 26.48% |
| 2022-10-12 | $2432.00 | -0.90% | $165,950 | N/A |
Listed by: Nancy Billups • Ruhl&Ruhl REALTORS Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263916
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.
