614 Pine St · Muscatine, IA 52761

$83,000

1 bd · 1.0 ba · 672 sqft · SingleFamily public records · 19 Days on market

Built 1920 4,356 sqft lot

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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).

• Cash flow +10.7/30.0
• ARV discount +7.5/15.0
• Schools +4.9/10.0
• Livability +3.5/5.0
• 1% rule +3.2/10.0
• DSCR +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This home has many updates and improvements! There is a main floor bedroom, and a 2nd living room that has often been used by owners as a bedroom. Main floor laundry hookups. The attic level has a half-bath (nearly complete - buyer will need to complete on their own) Oversized 2 car detached garage.

Key facts

• 4,356 sq ft lot
• 2 garage spots
• Built 1920

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $83k.

Deal economics

• At list price, monthly cash flow is $-40 ($-479/yr) — negative.
• To cash-flow at today's rent, offer at most $76k (8.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $68k (18.2% below list).
• Recommended offer: $68k (18.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 70/100 on livability (#358 in IA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: health & safety D+, amenities F, commute F.
• Muscatine Community School District (town): math 55% / reading 59% proficiency, ranked #257 of 289 in IA (top 89%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Susan Clark Junior High (math 52% / reading 57%, grade B-, #204 of 246 statewide, top 83%, 662 students, 53% FRL); Muscatine High School (math 54% / reading 64%, grade C+, #273 of 336 statewide, top 81%, 1,539 students, 47% FRL) — zoned schools at 50% FRL track the district average.
• Market conditions: 191 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 65 units permitted in Muscatine County in 2024 (45 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $574 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Muscatine County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 6y ago; this cycle's ask has dropped $4k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $58k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $67,901 (18.2% 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 1920 — 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. 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?
5. 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.
6. 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.
7. 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: 0.82% ✗
• Cap rate: 5.72%
• Cash-on-cash: -2.06%
• DSCR: 0.91
• GRM: 10.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -19.7%
• Equity multiple: 0.31×
• Total profit: $-15,981
• Equity at exit: $12,376

10-year hold

• IRR: -12.5%
• Equity multiple: 0.26×
• Total profit: $-17,142
• Equity at exit: $7,176

Cash invested: $23,240 (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 52761

• Active inventory: 191
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $679 high
• Mortgage (P&I): −$435
• Tax from tax record: −$106 /mo · $1,278/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$143
• Net cashflow: $-40

Break-even live

Break-even rent $730

Max offer price $75,947

Occupancy floor —

Sensitivity live

Price	-10% $7	-5% $-16	+0% $-40	+5% $-63	+10% $-87
Rent	-10% $-94	-5% $-67	+0% $-40	+5% $-13	+10% $14
Rate	-1.0pp $2	-0.5pp $-19	base $-40	+0.5pp $-61	+1.0pp $-83

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: $20,750
• Closing costs: $2,490
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1218 Cedar St #2 Muscatine, IA	1.0	1.0	672	$720	$1.07	46d	1	0.48mi
1807 Hershey Ave Unit 1 Muscatine, IA	2.0	1.0	600	$700	$1.17	45d	1	0.85mi
108 Park Ave Muscatine, IA	1.0	1.0	628	$650	$1.04	15d	1	1.07mi
2219 Hershey Ave Unit 4 Muscatine, IA	1.0	1.0	652	$550	$0.84	15d	1	1.13mi
2111 Bidwell Rd Muscatine, IA	2.0	1.0	564	$724	$1.28	15d	1	1.38mi

Listing history 7 events

1. 2026-05-04
   status Pending 300-char remark

   Show marketing remark (300 chars)

   This home has many updates and improvements! There is a main floor bedroom, and a 2nd living room that has often been used by owners as a bedroom. Main floor laundry hookups. The attic level has a half-bath (nearly complete - buyer will need to complete on their own) Oversized 2 car detached garage.

2. 2026-04-28
   price $83,000 300-char remark

   Show marketing remark (300 chars)

   This home has many updates and improvements! There is a main floor bedroom, and a 2nd living room that has often been used by owners as a bedroom. Main floor laundry hookups. The attic level has a half-bath (nearly complete - buyer will need to complete on their own) Oversized 2 car detached garage.

3. 2026-04-15
   listed $87,500 Active 300-char remark

   Show marketing remark (300 chars)

   This home has many updates and improvements! There is a main floor bedroom, and a 2nd living room that has often been used by owners as a bedroom. Main floor laundry hookups. The attic level has a half-bath (nearly complete - buyer will need to complete on their own) Oversized 2 car detached garage.

4. 2020-10-26
   soldstatus $58,000
5. 2020-10-23
   soldstatus $58,000 116-char remark

   Show marketing remark (116 chars)

   Cute 1 bedroom home with eat in kitchen. Nice lot with a 2 car detached garage. Great home to start in or retire in.

6. 2020-06-01
   listed $69,000 116-char remark

   Show marketing remark (116 chars)

   Cute 1 bedroom home with eat in kitchen. Nice lot with a 2 car detached garage. Great home to start in or retire in.

7. 1999-12-16
   soldstatus $40,000

ⓘ 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: $1,278 · $106/mo
• Projected year-2 tax: $1,291 · $108/mo
• Expected delta: +$13/yr (+$1/mo · 1.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $8,148
• − Mortgage interest: −$4,649
• − Property taxes: −$1,278
• − Insurance: −$415
• − Repairs & maintenance: −$652
• − Management: −$652
• − Depreciation: −$2,415
• Taxable loss: −$1,912
• Est. tax savings @ 24.0%: +$459
• After-tax cash flow: $-20/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: Muscatine Community School District
• NCES district ID: 1920130
• Math proficiency: 55% ▼ -7.00%
• Reading proficiency: 59% ▲ 2.00%
• Median HH income: $50,193
• Composite: 48.6/100
• National rank: #2110
• State rank: #257 of 289 in IA

Livability — Muscatine

• Score: 70/100
• State rank: #358
• US rank: #7508

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Muscatine, IA
• City population: 29,800
• Population (ZIP): 29,800

Population outlook (Muscatine County) Hauer SSP2

• Today (2025): 44,820 people
• By 2030: 45,461 · +1.4%
• By 2040: 46,765 · +4.3%
• By 2050: 48,609 · +8.5%
• By 2075: 56,014 · +25.0%
• By 2100: 63,513 · +41.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 17% Two or more races 5% Black 4%
• Hispanic origin (detail): Mexican 13%
• Common ancestry: Portuguese 2% Romanian 2% Iranian 2%
• Foreign-born: 7% · Canada
• Languages at home: 86% English-only · Spanish 11% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Muscatine

• 2024 margin: R (+14.9) · D 41.7% · R 56.6% · Other 1.7%
• 2008→2024 swing: -30.6pp toward R · 2008: 15.7pp · 2024: -14.9pp
• All cycles: 2024: R+14.9 2020: R+7.0 2016: R+6.6 2012: D+15.5 2008: D+15.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -130.30%
• Current HPI: 182.4493
• 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

+107.5% since first listed

7 events — show timeline

• 2026-05-04 Pending — Muscatine BOR
• 2026-04-28 Price Changed $83,000 Muscatine BOR
• 2026-04-15 Listed $87,500 Muscatine BOR
• 2020-10-26 Sold (Public Records) $58,000 Public Records
• 2020-10-23 Sold (MLS) $58,000 Muscatine BOR
• 2020-06-01 Listed $69,000 Muscatine BOR
• 1999-12-16 Sold (Public Records) $40,000 Public Records

Property tax history

+1.9%/yr

Latest (2025): $1,278 · +6.0% YoY. Source: county tax records.