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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 Newton at 811 S 7th Ave W, Newton, IA, 50208 priced at $170,000 pairs $1,444/mo rent with $340/mo cash flow after a $832/mo payment. Total monthly income equals $1,444/mo, and annual cash flow comes to $4,080/yr on $56,355 invested. Return on cash invested is 27.15% in year one, and rental yield stands at 10.19% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 142.07% and total cumulative return in cash reaches $80,061. For financing, Ziffy Mortgage’s DSCR program evaluates $1,444/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50208, Newton, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,966 (100%) |
| Owner Occupied HU | 5,655 (63.1%) |
| Renter Occupied HU | 2,601 (29.0%) |
| Vacant Housing Units | 710 ( 7.9%) |
| Median Home Value | $171,711 |
| Average Home Value | $218,468 |
Residential
8,615
Single Family
7,477
Multi-Family
1,138
Businesses
647
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $170,000 |
| 2020-12-08 | Sold | $132,000 |
| 2020-11-04 | Pending sale | $134,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-10 | $2194.00 | 0.18% | $126,910 | N/A |
| 2023-07-10 | $2190.00 | 8.63% | $126,910 | 18.04% |
| 2022-07-10 | $2016.00 | 17.07% | $107,510 | 8.00% |
Listed by: Shaun Shaffer • Iowa Realty Newton
Mls Name: DMMLS
Mls Provider:
Mls ID: #715086
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.
