214 E 14th St N · Newton, IA 50208

$100,000

3 bd · 1.0 ba · 1,404 sqft · SingleFamily public records · 8 Days on market

Built 1927 7,788 sqft lot

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Why this score? — see what drove the C 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 +20.6/30.0
• ARV discount +7.5/15.0
• 1% rule +6.6/10.0
• DSCR +6.5/10.0
• Schools +5.1/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Cute bungalow waiting for your personal touches! 3 bedroom, 1 bath home in NE Newton, Iowa, location. This home has main floor laundry, fully fenced backyard, and a ton of potential to be restored it its former glory. Call your favorite agent for a showing today!

Key facts

• Main floor laundry
• 7,788 sq ft lot
• Garage

Tags

• MAIN FLOOR LAUNDRY
• FULLY FENCED BACKYARD

Property features AI

Exterior

• Parking: Detached one-car garage
• Utilities: Public water; Public sewer
• Home design: Residential zoning
• Construction: Metal siding; Block and brick/mortar foundation; Asphalt shingle roof
• Exterior features: Covered patio; Patio; Wood fencing

Interior

• Kitchen: Built-in oven; Cooktop; Dishwasher
• Bedrooms: Three main-level bedrooms
• Flooring: Hardwood; Tile
• Bathrooms: One full bathroom
• Heating & cooling: Natural gas heating
• Interior features: Dining area; Eat-in kitchen; Gas log fireplace (1)
• Laundry & utility: Main-level laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $133 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Cap rate 7.9% vs local median 3.1% in Newton — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#169 in IA, #3,069 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, employment D+, amenities F.
• Newton Community School District (town): math 59% / reading 62% proficiency, ranked #245 of 289 in IA (top 85%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 242 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 16 units permitted in Jasper County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Jasper County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1927 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $100,000

Questions for the listing agent

1. Built in 1927 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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: 1.16% ✓
• Cap rate: 7.89%
• Cash-on-cash: 5.70%
• DSCR: 1.25
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $219,024
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1904 N 2nd Ave E	0.37mi	3/1.5	1,402 (-0%)	3mo	$180,000	$128	78
1401 S 6th Ave E	0.40mi	3/1.0	1,316 (-6%)	3mo	$185,000	$141	68
1433 N 7th Ave E	0.32mi	3/1.5	1,292 (-8%)	3mo	$244,500	$189	67
1716 S 4th Ave E	0.36mi	4/2.0 (+1)	1,312 (-7%)	6mo	$225,000	$171	59
512 E 8th St N	0.49mi	3/3.0	1,300 (-7%)	1mo	$252,000	$194	56
716 E 11th St N	0.43mi	3/1.0	1,200 (-14%)	1mo	$187,000	$156	54
301 E 19th St S	0.36mi	3/2.0	1,200 (-14%)	2mo	$158,000	$132	53
903 E 14th St S	0.63mi	3/2.0	1,545 (+10%)	1mo	$175,000	$113	50
414 E 5th St N	0.71mi	4/2.0 (+1)	1,468 (+5%)	2mo	$145,000	$99	49
1004 E 14th St S	0.70mi	3/2.0	1,240 (-12%)	4mo	$189,000	$152	41
2409 N 7th Ave E	0.74mi	4/3.0 (+1)	1,556 (+11%)	1mo	$370,000	$238	33
2311 N 8th Ave E	0.74mi	4/3.0 (+1)	1,542 (+10%)	3mo	$397,730	$258	33

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: -7.4%
• Equity multiple: 0.73×
• Total profit: $-7,655
• Equity at exit: $14,910

10-year hold

• IRR: 2.3%
• Equity multiple: 1.16×
• Total profit: $4,543
• Equity at exit: $8,646

Cash invested: $28,000 (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 50208

• Home prices YoY: -14.4%
• Active inventory: 242
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,156 high
• Mortgage (P&I): −$524
• Tax from tax record: −$214 /mo · $2,572/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$243
• Net cashflow: $133

Break-even live

Break-even rent $988

Max offer price $100,000

Occupancy floor 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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
701 N 2nd Ave E Newton, IA	2.0	1.0	1100	$875	$0.80	14d	1	0.55mi
603 E 22nd St S Newton, IA	4.0	1.0	1104	$1,725	$1.56	14d	1	0.69mi
220 E 28th St N Newton, IA	2.0–3.0	2.0	877	$945	$1.08	14d	3	0.86mi
2305 E 19th St N Newton, IA	3.0	2.0	1140	$1,044	$0.92	14d	1	1.31mi
1800 W 4th St N Newton, IA	1.0–3.0	1.0–2.0	792	$970	$1.22	14d	7	1.45mi
812 N 3rd Ave W Newton, IA	4.0	1.0	1450	$1,450	$1.00	14d	1	1.48mi

Listing history 8 events

1. 2026-06-17
   status $100,000 Pending 8 DOM
2. 2026-06-17
   days on market $100,000 Active 8 DOM
3. 2026-06-16
   days on market $100,000 Active 7 DOM
4. 2026-06-15
   days on market $100,000 Active 6 DOM
5. 2026-06-14
   days on market $100,000 Active 4 DOM
6. 2026-06-13
   days on market $100,000 Active 3 DOM
7. 2026-06-10
   remarks 263-char remark
8. 2026-06-10
   listed $100,000 Active 1 DOM

ⓘ 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: $2,572 · $214/mo
• Projected year-2 tax: $2,572 · $214/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 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: $13,876
• − Mortgage interest: −$5,602
• − Property taxes: −$2,572
• − Insurance: −$500
• − Repairs & maintenance: −$1,110
• − Management: −$1,110
• − Depreciation: −$2,909
• Taxable income: $73
• Est. tax owed @ 24.0%: −$18
• After-tax cash flow: $1,580/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: Newton Community School District
• NCES district ID: 1920610
• Math proficiency: 59% ▼ -13.00%
• Reading proficiency: 62% ▼ -9.00%
• Median HH income: $46,447
• Composite: 51.15/100
• National rank: #1762
• State rank: #245 of 289 in IA

Livability — Newton

• Score: 77/100
• State rank: #169
• US rank: #3069

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Newton, IA
• County: Jasper County · 20,595 people
• City population: 20,595
• Metro: Des Moines-West Des Moines, IA
• Population (ZIP): 20,595
• Household income: $62,306
• Rent vs Own: 34.5% rent · 65.5% own
• Severe rent burden: 536.0

Population outlook (Jasper County) Hauer SSP2

• Today (2025): 36,216 people
• By 2030: 35,730 · -1.3%
• By 2040: 34,727 · -4.1%
• By 2050: 33,802 · -6.7%
• By 2075: 33,382 · -7.8%
• By 2100: 32,761 · -9.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 5% Two or more races 4% Black 3%
• Common ancestry: Iranian 8% Portuguese 3% Lithuanian 2%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 4% Arabic 2% Chinese 1%

Political lean MEDSL · Jasper

• 2024 margin: Strong R (+27.6) · D 35.4% · R 63.0% · Other 1.5%
• 2008→2024 swing: -35.1pp toward R · 2008: 7.5pp · 2024: -27.6pp
• All cycles: 2024: R+27.6 2020: R+21.5 2016: R+18.4 2012: D+7.1 2008: D+7.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.48%
• Current HPI: 269.6454
• Rent YoY: —
• Metro: Des Moines-West Des Moines, IA
• 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

1 event — show timeline

• 2026-06-09 Listed $100,000 DMMLS

Property tax history

+4.7%/yr

Latest (2025): $2,572 · +0.7% YoY. Source: county tax records.