224 Linden Ct · Brooklyn, IA 52211

$175,000

3 bd · 1.0 ba · 1,032 sqft · SingleFamily public records

Built 1959 0.33 ac lot Est $142k · 23% over

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Why this score? — see what drove the F 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).

• Appreciation +9.3/10.0
• Schools +6.2/10.0
• Cash flow +6.0/30.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.0/10.0
• DSCR +0.4/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Nice ranch home located in BGM school district with updates.

Key facts

• 0.33 acre lot
• Garage
• Built 1959

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $-333 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $116k (33.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $106k (39.7% below list).
• Recommended offer: $106k (39.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#509 in IA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Brooklyn-Guernsey-Malcom Community School District (rural): math 72% / reading 74% proficiency, ranked #101 of 289 in IA (top 35%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Zoned schools: Brooklyn-Guernsey-Malcom Elementary School (math 82% / reading 82%, grade A+, #44 of 616 statewide, top 9%, 296 students, 34% FRL); Brooklyn-Guernsey-Malcom Jr-Sr High School (math 64% / reading 68%, grade B, #200 of 336 statewide, top 60%, 265 students, 35% FRL).
• Market conditions: 58 active listings in the ZIP; 27 units permitted in Poweshiek County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $16k of equity ($1k loan paydown + $15k appreciation (8.6% local appreciation)).
• Poweshiek County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• By year 3, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 9y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $149k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $105,571 (39.7% 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. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-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?
5. 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?
6. 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.
7. 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.
8. 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: 0.60% ✗
• Cap rate: 4.01%
• Cash-on-cash: -8.16%
• DSCR: 0.64
• GRM: 13.8

CMA / ARV

• ARV (on-the-fly): $142,416
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
215 Linden Ct	0.05mi	2/1.5 (-1)	988 (-4%)	9mo	$140,000	$142	76
407 Sunset Dr	0.24mi	3/1.0	1,162 (+13%)	7mo	$160,000	$138	62
103 Brady St	0.49mi	2/1.0 (-1)	1,037 (+0%)	13mo	$48,000	$46	60
215 W Des Moines St	0.37mi	2/1.5 (-1)	1,078 (+4%)	11mo	$99,000	$92	59
807 Park Ave	0.46mi	3/1.0	880 (-15%)	6mo	$137,000	$156	49
107 Brady St	0.47mi	3/2.0	1,154 (+12%)	7mo	$165,000	$143	49
511 Middle St	0.68mi	2/1.0 (-1)	900 (-13%)	9mo	$62,000	$69	34

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

Projected returns pro-forma

8.56% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.2%
• Equity multiple: 2.17×
• Total profit: $57,183
• Equity at exit: $139,687

10-year hold

• IRR: 14.9%
• Equity multiple: 4.72×
• Total profit: $182,137
• Equity at exit: $283,958

Cash invested: $49,000 (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 52211

• Home prices YoY: 2.6%
• Active inventory: 58
• Price-to-rent: 13.8×

Monthly cashflow live

• Estimated rent: $1,056 medium
• Mortgage (P&I): −$918
• Tax from tax record: −$177 /mo · $2,120/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$222
• Net cashflow: $-333

Break-even live

Break-even rent $1,478

Max offer price $116,123

Occupancy floor —

Sensitivity live

Price	-10% $-234	-5% $-284	+0% $-333	+5% $-383	+10% $-432
Rent	-10% $-417	-5% $-375	+0% $-333	+5% $-292	+10% $-250
Rate	-1.0pp $-245	-0.5pp $-289	base $-333	+0.5pp $-379	+1.0pp $-425

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-05-02
   historical

   Show marketing remark (60 chars)

   Nice ranch home located in BGM school district with updates.

2. 2026-05-02
   historical 60-char remark

   Show marketing remark (60 chars)

   Nice ranch home located in BGM school district with updates.

3. 2026-05-01
   listed $175,000
4. 2025-05-01
   listed $175,000 60-char remark

   Show marketing remark (60 chars)

   Nice ranch home located in BGM school district with updates.

5. 2021-05-04
   soldstatus $149,000
6. 2021-05-03
   soldstatus $149,000 665-char remark

   Show marketing remark (665 chars)

   This move in ready, 2 Bedroom Ranch Home is a must see!! It has style and MANY new updates, plus a 2 stall garage! All interior is freshly painted, with beautiful hardwood floors, new carpet in bedrooms and awesome patterned vinyl in kitchen and the updated bathroom. A new sliding glass door opens up the newly landscaped patio and the double lot back yard. Other updates are: 2018- new windows, dish washer, washer and dryer, and a high efficiency furnace and central air unit. 2019-new 2plus stall garage with electric and outlets. 2020- new roof, water heater, sump pump and all basement walls waterproofed with a life time guarantee. Call today to take a look!

7. 2021-03-18
   listed $155,000 665-char remark

   Show marketing remark (665 chars)

   This move in ready, 2 Bedroom Ranch Home is a must see!! It has style and MANY new updates, plus a 2 stall garage! All interior is freshly painted, with beautiful hardwood floors, new carpet in bedrooms and awesome patterned vinyl in kitchen and the updated bathroom. A new sliding glass door opens up the newly landscaped patio and the double lot back yard. Other updates are: 2018- new windows, dish washer, washer and dryer, and a high efficiency furnace and central air unit. 2019-new 2plus stall garage with electric and outlets. 2020- new roof, water heater, sump pump and all basement walls waterproofed with a life time guarantee. Call today to take a look!

8. 2018-08-15
   soldstatus $82,000
9. 2018-08-10
   soldstatus $82,000
10. 2017-11-14
    listed $82,000
11. 2008-05-29
    soldstatus $80,000

ⓘ 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: $2,120 · $177/mo
• Projected year-2 tax: $2,434 · $203/mo
• Expected delta: +$314/yr (+$26/mo · 14.8%)

ⓘ 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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,669
• − Mortgage interest: −$9,803
• − Property taxes: −$2,120
• − Insurance: −$875
• − Repairs & maintenance: −$1,013
• − Management: −$1,013
• − Depreciation: −$5,091
• Taxable loss: −$7,247
• Est. tax savings @ 24.0%: +$1,739
• After-tax cash flow: $-2,260/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: Brooklyn-Guernsey-Malcom Community School District
• NCES district ID: 1905490
• Math proficiency: 72% ▼ -4.00%
• Reading proficiency: 74% ▲ 2.00%
• Median HH income: $49,307
• Composite: 61.79/100
• National rank: #734
• State rank: #101 of 289 in IA

Livability — Brooklyn

• Score: 66/100
• State rank: #509
• US rank: #11267

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brooklyn, IA
• Population (ZIP): 2,671

Population outlook (Poweshiek County) Hauer SSP2

• Today (2025): 18,601 people
• By 2030: 18,342 · -1.4%
• By 2040: 17,944 · -3.5%
• By 2050: 18,029 · -3.1%
• By 2075: 19,945 · +7.2%
• By 2100: 22,637 · +21.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (98%)
• Race & ethnicity: White 98% Hispanic / Latino 2%
• Common ancestry: English 4% Slovak 3% Iranian 2%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Poweshiek

• 2024 margin: R (+17.0) · D 40.8% · R 57.8% · Other 1.5%
• 2008→2024 swing: -28.7pp toward R · 2008: 11.8pp · 2024: -17.0pp
• All cycles: 2024: R+17.0 2020: R+13.3 2016: R+6.8 2012: D+9.1 2008: D+11.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.56%
• Current HPI: 332.4308
• 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

+118.8% since first listed

11 events — show timeline

• 2026-05-02 Delisted — IAR
• 2026-05-02 Delisted — NEIRBR as distributed by MLS GRID
• 2026-05-01 Listed $175,000 NEIRBR as distributed by MLS GRID
• 2025-05-01 Listed $175,000 IAR
• 2021-05-04 Sold (Public Records) $149,000 Public Records
• 2021-05-03 Sold (MLS) $149,000 IAR
• 2021-03-18 Listed $155,000 IAR
• 2018-08-15 Sold (Public Records) $82,000 Public Records
• 2018-08-10 Sold (MLS) $82,000 IAR
• 2017-11-14 Listed $82,000 IAR
• 2008-05-29 Sold (Public Records) $80,000 Public Records

Property tax history

+5.4%/yr

Latest (2025): $2,120 · -21.0% YoY. Source: county tax records.