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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 Cascade at 816 6th Ave NW, Cascade, IA, 52033 uses $74,588 cash to close to unlock $6,300/yr annual cash flow and $525/mo monthly cash flow. Total monthly income runs $1,986/mo, and a $1,101/mo payment keeps the spread at $525/mo. Purchase price stands at $225,000, and rental yield measures 10.59% with $1,986/mo rent. Return on cash invested shows 28.36% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 148.52% and total cumulative return in cash records $110,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,986/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Townhouse
Built in 2001
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52033, Cascade, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,534 (100%) |
| Owner Occupied HU | 1,113 (72.6%) |
| Renter Occupied HU | 315 (20.5%) |
| Vacant Housing Units | 106 ( 6.9%) |
| Median Home Value | $269,817 |
| Average Home Value | $322,707 |
Residential
1,139
Single Family
1,013
Multi-Family
126
Businesses
116
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Roxanne Gartner • Century 21 Signature Real Estate
Mls Name: East Central Iowa AOR
Mls ID: #153261
