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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 812 S 12th Ave W, Newton, IA, 50208 generates $1,374/mo in rent and, after a $905/mo payment, leaves $173/mo in cash flow. Total monthly income is $1,374/mo, and annual cash flow is $2,076/yr on $61,328 invested. Return on cash invested sits at 23.29% in year one, and rental yield is 8.91% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 121.38% and total cumulative return in cash sums $74,439. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,374/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
6,599 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 |
|---|---|---|
| 2025-08-12 | Listed for sale | $185,000 |
| 2025-08-01 | Pending sale | $185,000 |
| 2025-07-30 | Listed for sale | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-14 | $2482.00 | -8.14% | $157,880 | N/A |
| 2023-08-14 | $2702.00 | 7.99% | $157,880 | 17.88% |
| 2022-08-14 | $2502.00 | 14.35% | $133,930 | 7.29% |
Listed by: Alida Jo Anderson • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #723324
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.
