Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
No similar rental properties found nearby.
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 Mitchellville at 804 Patchett Dr, Mitchellville, IA, 50169 generates $0/mo in rent, after a $1,322/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.61% in year one, and rental yield is 0% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50169, Mitchellville, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 887 (76.5%) |
| Renter Occupied HU | 203 (17.5%) |
| Vacant Housing Units | 69 ( 6.0%) |
| Median Home Value | $309,928 |
| Average Home Value | $321,812 |
Residential
1,004
Single Family
962
Multi-Family
42
Businesses
34
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $270,000 |
| 2016-02-26 | Sold | $154,500 |
| 2008-06-06 | Sold | $27,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-20 | $3666.00 | 4.38% | $239,400 | N/A |
| 2023-04-20 | $3512.00 | -3.52% | $239,400 | 26.87% |
| 2022-04-20 | $3640.00 | -0.93% | $188,700 | N/A |
No similar rental properties found nearby.
Listed by: Marie Kline • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #715926
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.
