700 S Vine St · Hartford, IA 50118

$162,000

3 bd · 1.5 ba · 1,524 sqft · SingleFamily public records · 69 Days on market

Built 1979 0.26 ac lot $106/sqft · 33% below area Est $243k · 33% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +8.4/30.0
• Schools +5.6/10.0
• 1% rule +3.7/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

3-bedroom, 2-bath split-foyer home offering great space and functionality. Features a 2-car detached garage, a large deck perfect for entertaining, and a fully fenced yard—ideal for pets, play, or relaxing outdoors.

Key facts

• Large deck
• Fully fenced yard
• Detached garage

Tags

• DETACHED GARAGE
• LARGE DECK
• FULLY FENCED YARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $162k.

Deal economics

• At list price, monthly cash flow is $-144 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $137k (15.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $140k (13.4% below list).
• Recommended offer: $137k (15.7% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 60/100 on livability (#841 in IA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B; Watch: amenities F, commute F, health & safety F.
• Carlisle Community School District (town): math 64% / reading 65% proficiency, ranked #182 of 289 in IA (top 63%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Carlisle Elementary School (math 72% / reading 42%, grade C+, #436 of 616 statewide, top 74%, 765 students, 31% FRL); Carlisle Middle School (math 64% / reading 70%, grade A-, #140 of 246 statewide, top 60%, 543 students, 31% FRL); Carlisle High School (math 55% / reading 64%, grade C+, #263 of 336 statewide, top 81%, 743 students, 27% FRL).
• Market conditions: 4 active listings in the ZIP; 439 units permitted in Warren County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Warren County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 69 days — a 6% lower offer ($152k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 14y ago; this cycle's ask has dropped $25k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $136,543 (15.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.87% ✗
• Cap rate: 5.23%
• Cash-on-cash: -3.81%
• DSCR: 0.83
• GRM: 9.6

CMA / ARV

• ARV (median comp): $242,879
• List price: $162,000
• Delta: -33.30%
• Verdict: UNDERPRICED
• Comps: 18 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
660 S Vine St	0.04mi	4/2.0 (+1)	1,460 (-4%)	12mo	$99,900	$68	74
200 N West St	0.43mi	4/1.0 (+1)	1,589 (+4%)	2mo	$209,900	$132	64

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -22.6%
• Equity multiple: 0.22×
• Total profit: $-35,326
• Equity at exit: $24,155

10-year hold

• IRR: -16.7%
• Equity multiple: 0.07×
• Total profit: $-42,163
• Equity at exit: $14,007

Cash invested: $45,360 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Iowa: 83 Strongly Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; mostly landlord-friendly statewide.

Methodology + full state rankings →

ZIP-level market 50118

• Home prices YoY: -13.7%
• Active inventory: 4
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,403 medium
• Mortgage (P&I): −$850
• Tax from tax record: −$335 /mo · $4,024/yr
• Insurance: −$68
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $-144

Break-even live

Break-even rent $1,585

Max offer price $136,543

Occupancy floor —

Sensitivity live

Price	-10% $-52	-5% $-98	+0% $-144	+5% $-190	+10% $-236
Rent	-10% $-255	-5% $-200	+0% $-144	+5% $-89	+10% $-33
Rate	-1.0pp $-63	-0.5pp $-103	base $-144	+0.5pp $-186	+1.0pp $-229

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $40,500
• Closing costs: $4,860
• Reserves months: —
• Total cash needed: —

Listing history 37 events

1. 2026-06-21
   days on market $162,000 Active 69 DOM
2. 2026-06-18
   days on market $162,000 Active 66 DOM
3. 2026-06-17
   days on market $162,000 Active 65 DOM
4. 2026-06-16
   pricedays on market $162,000 Active 64 DOM
5. 2026-06-15
   days on market $172,000 Active 63 DOM
6. 2026-06-14
   days on market $172,000 Active 61 DOM
7. 2026-06-13
   days on market $172,000 Active 60 DOM
8. 2026-06-10
   days on market $172,000 Active 58 DOM
9. 2026-06-09
   days on market $172,000 Active 57 DOM
10. 2026-06-08
    days on market $172,000 Active 56 DOM
11. 2026-06-07
    days on market $172,000 Active 55 DOM
12. 2026-06-05
    days on market $172,000 Active 52 DOM
13. 2026-06-03
    days on market $172,000 Active 51 DOM
14. 2026-06-02
    days on market $172,000 Active 50 DOM
15. 2026-06-01
    days on market $172,000 Active 49 DOM
16. 2026-05-31
    days on market $172,000 Active 48 DOM
17. 2026-05-31
    days on market $172,000 Active 47 DOM
18. 2026-05-18
    price $172,000 221-char remark

    Show marketing remark (221 chars)

    3-bedroom, 2-bath split-foyer home offering great space and functionality. Features a 2-car detached garage, a large deck perfect for entertaining, and a fully fenced yard—ideal for pets, play, or relaxing outdoors.

19. 2026-04-13
    listed $187,000 Active 221-char remark

    Show marketing remark (221 chars)

    3-bedroom, 2-bath split-foyer home offering great space and functionality. Features a 2-car detached garage, a large deck perfect for entertaining, and a fully fenced yard—ideal for pets, play, or relaxing outdoors.

20. 2024-12-28
    status Active
21. 2024-11-25
    status Pending
22. 2024-10-24
    price $210,000
23. 2024-10-01
    status Active
24. 2024-09-23
    status Pending
25. 2024-09-09
    listed $230,000 Active
26. 2020-09-02
    soldstatus $195,500
27. 2020-08-28
    soldstatus $195,500 Closed
28. 2020-07-14
    status Pending
29. 2020-07-10
    listed $195,500 Active
30. 2017-09-28
    soldstatus $95,000
31. 2014-03-10
    soldstatus $95,000
32. 2013-11-25
    soldstatus $47,601
33. 2013-06-12
    historical
34. 2013-04-16
    listed $59,900
35. 2012-02-06
    listed $55,000
36. 2008-02-01
    soldstatus $95,600
37. 2006-09-08
    soldstatus $96,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IA · Partial reset (capped growth)

• Current annual tax: $4,024 · $335/mo
• Projected year-2 tax: $4,024 · $335/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,835
• − Mortgage interest: −$9,075
• − Property taxes: −$4,024
• − Insurance: −$810
• − Repairs & maintenance: −$1,347
• − Management: −$1,347
• − Depreciation: −$4,713
• Taxable loss: −$4,480
• Est. tax savings @ 24.0%: +$1,075
• After-tax cash flow: $-654/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Carlisle Community School District
• NCES district ID: 1906270
• Math proficiency: 64% ▼ -10.00%
• Reading proficiency: 65% ▼ -3.00%
• Median HH income: $65,384
• Composite: 56.28/100
• National rank: #1170
• State rank: #182 of 289 in IA

Livability — Hartford

• Score: 60/100
• State rank: #841
• US rank: #19341

Category grades

Amenities F Commute F Cost of living A+ Crime C+ Employment B Housing A+ Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hartford, IA
• Population (ZIP): 989

Population outlook (Warren County) Hauer SSP2

• Today (2025): 54,222 people
• By 2030: 56,863 · +4.9%
• By 2040: 61,691 · +13.8%
• By 2050: 65,939 · +21.6%
• By 2075: 75,626 · +39.5%
• By 2100: 80,425 · +48.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 5% Two or more races 5% Asian 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 1%
• Common ancestry: Portuguese 6% Slovak 3% Serbian 3%
• Foreign-born: 2% · China, Canada
• Languages at home: 98% English-only · Spanish 1% Chinese 1%

Political lean MEDSL · Warren

• 2024 margin: Strong R (+20.7) · D 38.9% · R 59.7% · Other 1.4%
• 2008→2024 swing: -21.4pp toward R · 2008: 0.6pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+16.8 2016: R+16.4 2012: R+2.0 2008: D+0.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -21.56%
• Current HPI: 135.8631
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.48%
• F500 in state: 4

Industry mix (Fortune 500 HQ in IA)

Industry	F500 HQs	Revenue
▸Financial Services	1	$16B
▸Retail / Convenience	1	$15B

Price history

+78.2% since first listed

20 events — show timeline

• 2026-05-18 Price Changed $172,000 DMMLS
• 2026-04-13 Listed $187,000 DMMLS
• 2024-12-28 Relisted — DMMLS
• 2024-11-25 Pending — DMMLS
• 2024-10-24 Price Changed $210,000 DMMLS
• 2024-10-01 Relisted — DMMLS
• 2024-09-23 Pending — DMMLS
• 2024-09-09 Listed $230,000 DMMLS
• 2020-09-02 Sold (Public Records) $195,500 Public Records
• 2020-08-28 Sold (MLS) $195,500 DMMLS
• 2020-07-14 Pending — DMMLS
• 2020-07-10 Listed $195,500 DMMLS
• 2017-09-28 Sold (Public Records) $95,000 Public Records
• 2014-03-10 Sold (Public Records) $95,000 Public Records
• 2013-11-25 Sold (MLS) $47,601 DMMLS
• 2013-06-12 Listing Removed — DMMLS
• 2013-04-16 Listed $59,900 DMMLS
• 2012-02-06 Listed $55,000 DMMLS
• 2008-02-01 Sold (Public Records) $95,600 Public Records
• 2006-09-08 Sold (Public Records) $96,500 Public Records

Property tax history

+5.6%/yr

Latest (2025): $4,024 · +34.3% YoY. Source: county tax records.