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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 Norwalk at Hoover B Plan, Valley View, Norwalk, IA, 50211 uses $96,301 cash to close to unlock $6,086/yr annual cash flow and $507/mo monthly cash flow. Total monthly income runs $2,394/mo, and a $1,422/mo payment keeps the spread at $507/mo. Purchase price stands at $290,500, and rental yield measures 9.89% with $2,394/mo rent. Return on cash invested shows 26.23% in year one, and 5% annual appreciation builds toward $80,260 over five years. Five-year ROI reaches 137.18% and total cumulative return in cash records $132,101. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,394/mo property income covering a $1,422/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50211, Norwalk, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,447 (100%) |
| Owner Occupied HU | 5,103 (79.2%) |
| Renter Occupied HU | 1,010 (15.7%) |
| Vacant Housing Units | 334 ( 5.2%) |
| Median Home Value | $312,678 |
| Average Home Value | $345,686 |
Residential
6,803
Single Family
6,186
Multi-Family
617
Businesses
254
Date | Event | Price |
|---|---|---|
| 2024-12-17 | Listed for sale | $290,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tammy Heckart • Greenland Homes IA
Mls Name: Greenland Homes
Mls ID: #N/A
