1762 270th St · Bedford, IA 50833

$25,995

2 bd · 1.0 ba · 988 sqft · SingleFamily public records · 17 Days on market

Built 1972 Fair condition

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Why this score? — see what drove the A- 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
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Schools +7.0/10.0
• Livability +4.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0

Listing remarks

This HOME is be MOVED by BUYER. NO land is included. Buyer Pays all expenses to move to new site. Cash sale only to Seller before it can be MOVED by BUYER.

Key facts

• Built 1972
• Listed 16 days

Property features AI

Exterior

• Parking: No parking
• Utilities: No water source; No sewer
• Home design: Single-family residential; Residential property
• Construction: Wood siding
• Exterior features: House is to be moved by buyer; no land is included

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: No heating; No cooling
• Interior features: One full bathroom

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $26k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $525 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($892 rent vs $26k).
• Recommended offer: $26k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 82/100 on livability (#50 in IA, #1,245 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, cost of living A+; Watch: amenities F, commute F.
• Bedford Community School District (rural): math 81% / reading 85% proficiency, ranked #23 of 289 in IA (top 8%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Market conditions: 33 active listings in the ZIP; 4 units permitted in Taylor County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($179 loan paydown + $3k appreciation (10.0% local appreciation)).
• At projected returns (10.0% appreciation + 3.0% rent growth), your $7k cash investment doubles in ~1 year — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($26k) is reasonable based on typical stale-listing flexibility.

Recommended offer $25,605 (1.5% below list)

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1972 — 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. 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: 3.43% ✓
• Cap rate: 30.52%
• Cash-on-cash: 86.51%
• DSCR: 4.85
• GRM: 2.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 95.9%
• Equity multiple: 7.54×
• Total profit: $47,592
• Equity at exit: $23,418

10-year hold

• IRR: 91.0%
• Equity multiple: 16.65×
• Total profit: $113,896
• Equity at exit: $50,503

Cash invested: $7,279 (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 50833

• Home prices YoY: 12.5%
• Active inventory: 33
• Price-to-rent: 2.4×

Monthly cashflow live

• Estimated rent: $892 medium
• Mortgage (P&I): −$136
• Tax est. 1.5%: −$32 /mo · $390/yr
• Insurance: −$11
• HOA: −$0
• Vacancy / Maint / Mgmt: −$187
• Net cashflow: $525

Break-even live

Break-even rent $227

Max offer price $25,995

Occupancy floor 36%

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: $6,499
• Closing costs: $780
• Reserves months: —
• Total cash needed: —

Listing history 13 events

1. 2026-06-18
   days on market $25,995 Active 17 DOM
2. 2026-06-17
   days on market $25,995 Active 16 DOM
3. 2026-06-16
   days on market $25,995 Active 15 DOM
4. 2026-06-15
   days on market $25,995 Active 14 DOM
5. 2026-06-13
   days on market $25,995 Active 12 DOM
6. 2026-06-12
   days on market $25,995 Active 11 DOM
7. 2026-06-09
   days on market $25,995 Active 8 DOM
8. 2026-06-08
   days on market $25,995 Active 7 DOM
9. 2026-06-07
   days on market $25,995 Active 6 DOM
10. 2026-06-05
    days on market $25,995 Active 4 DOM
11. 2026-06-04
    days on market $25,995 Active 2 DOM
12. 2026-06-02
    remarks 155-char remark
13. 2026-06-02
    listed $25,995 Active 1 DOM

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

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 ≥105°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: $10,700
• − Mortgage interest: −$1,456
• − Property taxes: −$390
• − Insurance: −$130
• − Repairs & maintenance: −$856
• − Management: −$856
• − Depreciation: −$756
• Taxable income: $6,255
• Est. tax owed @ 24.0%: −$1,501
• After-tax cash flow: $4,796/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.

Condition & rehab AI · 10 photos

Fair 45/100 Moderate rehab

This home requires moderate renovations to improve its condition and increase its value. The kitchen and bathroom need significant updates, including new cabinets, flooring, and paint. The exterior siding and landscaping also need attention.

Repairs flagged

• Major kitchen cabinets — Severe wear and tear
• Major bathroom cabinets — Severe wear and tear
• Major kitchen flooring — Severe wear and tear
• Major bathroom flooring — Severe wear and tear
• Major interior walls — Severe wear and tear

Value-add opportunities

• Resale Paint interior walls — Fresh paint can make a significant difference in the home's appearance
• Resale Replace kitchen cabinets — New cabinets can greatly improve the kitchen's functionality and aesthetics
• Resale Replace bathroom cabinets — New cabinets can greatly improve the bathroom's functionality and aesthetics
• Resale Replace kitchen flooring — New flooring can greatly improve the kitchen's functionality and aesthetics
• Resale Replace bathroom flooring — New flooring can greatly improve the bathroom's functionality and aesthetics

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · Severe wear and tear	Major	$15,000–50,000
bathroom cabinets · Severe wear and tear	Major	$15,000–50,000
kitchen flooring · Severe wear and tear	Major	$15,000–50,000
bathroom flooring · Severe wear and tear	Major	$15,000–50,000
interior walls · Severe wear and tear	Major	$15,000–50,000
Total estimated repair cost · 5 items		$75,000–250,000

Value-add ROI direction

• Resale Paint interior walls — Fresh paint can make a significant difference in the home's appearance ↑
• Resale Replace kitchen cabinets — New cabinets can greatly improve the kitchen's functionality and aesthetics ↑
• Resale Replace bathroom cabinets — New cabinets can greatly improve the bathroom's functionality and aesthetics ↑
• Resale Replace kitchen flooring — New flooring can greatly improve the kitchen's functionality and aesthetics ↑
• Resale Replace bathroom flooring — New flooring can greatly improve the bathroom's functionality and aesthetics ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Bedford Community School District
• NCES district ID: 1904560
• Math proficiency: 81% ▬ 0.00%
• Reading proficiency: 85% ▲ 3.00%
• Median HH income: $43,547
• Composite: 69.52/100
• National rank: #305
• State rank: #23 of 289 in IA

Livability — Bedford

• Score: 82/100
• State rank: #50
• US rank: #1245

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 2,085

Population outlook (Taylor County) Hauer SSP2

• Today (2025): 6,143 people
• By 2030: 6,100 · -0.7%
• By 2040: 6,080 · -1.0%
• By 2050: 6,146 · +0.0%
• By 2075: 6,596 · +7.4%
• By 2100: 6,954 · +13.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Hispanic / Latino 2% Two or more races 2%
• Common ancestry: Slovak 2% Iranian 1% Italian 1%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Taylor

• 2024 margin: Solid R (+55.7) · D 21.6% · R 77.4% · Other 1.0%
• 2008→2024 swing: -47.1pp toward R · 2008: -8.6pp · 2024: -55.7pp
• All cycles: 2024: R+55.7 2020: R+52.9 2016: R+45.1 2012: R+14.1 2008: R+8.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 15.13%
• Current HPI: 136.32
• 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

1 event — show timeline

• 2026-05-31 Listed $25,995 IAR