210 Main St · Oxford Junction, IA 52323

$60,000

3 bd · 1.0 ba · 2,112 sqft · SingleFamily public records · 12 Days on market

Built 1911 0.63 ac lot ↓ 8% since listing

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Why this score? — see what drove the B+ 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +7.0/10.0
• Schools +5.2/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Bring your vision and tools as this home offers endless potential for investors, flippers or buyers looking to be creative. This home is partially gutted and ready for reno. BONUS: New roof, new furnace, 3-stall garage, huge lot. If you are searching for a project with room to grow there is plenty of potential and is worth the look. Property is sold As-Is

Key facts

• New furnace
• 3-stall garage
• Huge lot

Tags

• NEW ROOF
• NEW FURNACE
• 3-STALL GARAGE
• HUGE LOT

Property features AI

Finance

• Financial info: Annual tax amount reported

Exterior

• Parking: Attached or detached garage (3-car garage)
• Utilities: Public water supply; Public sewer
• Home design: Single-family residence; Frame construction with wood siding; Two-story home; Entry level information not provided; Facing direction not provided
• Construction: Frame construction; Wood siding
• Exterior features: Public water; Public sewer; Off-street parking

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating
• Interior features: Partial basement; Two levels / two-story layout
• Laundry & utility: Main-level laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $363 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $60k).

Location & tenants

• Location reads 61/100 on livability (#798 in IA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A-; Watch: crime C-, amenities F, commute F.
• Midland Community School District (rural): math 57% / reading 66% proficiency, ranked #231 of 289 in IA (top 80%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Midland Elementary (math 62% / reading 62%, grade B, #363 of 616 statewide, top 62%, 205 students, 51% FRL); Midland Middle/High School (math 56% / reading 67%, grade B-, #255 of 336 statewide, top 76%, 303 students, 52% FRL).
• Market conditions: 5 active listings in the ZIP; 25 units permitted in Jones County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($415 loan paydown + $2k appreciation (4.0% local appreciation)).
• Jones County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (4.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 10y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo; built in 1911 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $60,000

Questions for the listing agent

1. Built in 1911 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.94% ✓
• Cap rate: 16.07%
• Cash-on-cash: 34.90%
• DSCR: 2.55
• GRM: 4.3

CMA / ARV

• ARV (on-the-fly): $133,056
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
314 Main St St	0.07mi	3/1.0	1,928 (-9%)	10mo	$121,000	$63	74

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

Projected returns pro-forma

3.99% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 33.9%
• Equity multiple: 3.00×
• Total profit: $33,670
• Equity at exit: $30,372

10-year hold

• IRR: 33.2%
• Equity multiple: 5.99×
• Total profit: $83,798
• Equity at exit: $49,637

Cash invested: $16,800 (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 52323

• Home prices YoY: 2.9%
• Active inventory: 5
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $1,166 medium
• Mortgage (P&I): −$315
• Tax from tax record: −$93 /mo · $1,116/yr
• Insurance: −$25
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$245
• Net cashflow: $363

Break-even live

Break-even rent $706

Max offer price $60,000

Occupancy floor 64%

Sensitivity live

Price	-10% $397	-5% $380	+0% $363	+5% $346	+10% $329
Rent	-10% $271	-5% $317	+0% $363	+5% $409	+10% $456
Rate	-1.0pp $394	-0.5pp $379	base $363	+0.5pp $348	+1.0pp $332

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: $15,000
• Closing costs: $1,800
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-21
   days on market $60,000 Active 12 DOM
2. 2026-06-18
   days on market $60,000 Active 10 DOM
3. 2026-06-17
   days on market $60,000 Active 9 DOM
4. 2026-06-16
   days on market $60,000 Active 8 DOM
5. 2026-06-15
   days on market $60,000 Active 7 DOM
6. 2026-06-13
   days on market $60,000 Active 5 DOM
7. 2026-06-12
   days on market $60,000 Active 4 DOM
8. 2026-06-09
   remarks 357-char remark
9. 2026-06-09
   listed $60,000 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: $1,116 · $93/mo
• Projected year-2 tax: $1,116 · $93/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 6/10 Major FEMA zone A · 73% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,994
• − Mortgage interest: −$3,361
• − Property taxes: −$1,116
• − Insurance: −$1,802
• − Repairs & maintenance: −$1,120
• − Management: −$1,120
• − Depreciation: −$1,745
• Taxable income: $3,730
• Est. tax owed @ 24.0%: −$895
• After-tax cash flow: $3,466/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: Midland Community School District
• NCES district ID: 1919200
• Math proficiency: 57% ▼ -8.00%
• Reading proficiency: 66% ▼ -5.00%
• Median HH income: $48,981
• Composite: 52.19/100
• National rank: #1607
• State rank: #231 of 289 in IA

Livability — Oxford Junction

• Score: 61/100
• State rank: #798
• US rank: #18173

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Oxford Junction, IA
• City population: 879
• Population (ZIP): 879

Population outlook (Jones County) Hauer SSP2

• Today (2025): 20,023 people
• By 2030: 19,702 · -1.6%
• By 2040: 19,007 · -5.1%
• By 2050: 18,396 · -8.1%
• By 2075: 17,955 · -10.3%
• By 2100: 17,448 · -12.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (98%)
• Race & ethnicity: White 98% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Italian 1%

Political lean MEDSL · Jones

• 2024 margin: Strong R (+26.3) · D 36.0% · R 62.3% · Other 1.7%
• 2008→2024 swing: -36.7pp toward R · 2008: 10.4pp · 2024: -26.3pp
• All cycles: 2024: R+26.3 2020: R+21.5 2016: R+19.4 2012: D+7.7 2008: D+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.99%
• Current HPI: 139.6963
• 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

-7.7% since first listed

5 events — show timeline

• 2026-06-08 Listed $60,000 CRAAR, CDRMLS
• 2019-06-27 Listed $45,000 CRAAR, CDRMLS
• 2017-07-29 Listed $79,000 CRAAR, CDRMLS
• 2016-12-21 Sold (MLS) $63,000 NEIRBR as distributed by MLS GRID
• 2016-07-18 Listed $65,000 NEIRBR as distributed by MLS GRID

Property tax history

+3.0%/yr

Latest (2025): $1,116 · -2.4% YoY. Source: county tax records.