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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% |
Investment property for sale in Newton at 815 N 7th Ave W, Newton, IA, 50208 at $150,000 posts ROI 30.67% with $446/mo cash flow from $1,420/mo rent. Total monthly income equals $1,420/mo, and annual cash flow records $5,352/yr on $49,725 to close. Return on cash invested measures 30.67% and rental yield reads 11.36% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 160.93% and total cumulative return in cash totals $80,022.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,420/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
6,098 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 |
|---|---|---|
| 2024-10-09 | Listed for sale | $150,000 |
| 2024-09-03 | Pending sale | $150,000 |
| 2024-08-20 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1686.00 | 10.78% | $102,820 | 16.59% |
| 2022-10-15 | $1522.00 | -13.52% | $88,190 | 9.12% |
| 2021-10-15 | $1760.00 | 1.58% | $80,820 | 7.65% |
Listed by: Cathy McAulay • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #701298
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.
