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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 805 E Cedar Ln, Mount Pleasant, IA, 52641 priced at $154,900 converts $720/mo rent into after a $758/mo obligation. Total monthly income equals $720/mo. Return on cash invested prints 12.52% in year one, and rental yield reads 5.58% against a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,796 by year five. Five-year ROI reaches 63.86% and total cumulative return in cash sums $32,792. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $720/mo property income covering a $758/mo payment, not borrower’s personal income.
Single Family
Built in 1968
10,018 sqft 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $154,900 |
| 2005-06-16 | Sold | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $2720.00 | -6.91% | $173,430 | N/A |
| 2023-04-24 | $2922.00 | 2.67% | $173,430 | 19.52% |
| 2022-04-24 | $2846.00 | 1.79% | $145,100 | N/A |
Listed by: Dennis Ebersole • Southeast Iowa Realty Inc
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326814
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.
