300 5th St St · Rudd, IA 50471

$129,900

5 bd · 1.0 ba · 1,974 sqft · SingleFamily public records · 7 Days on market

Built 1947

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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 +23.1/30.0
• ARV discount +7.5/15.0
• DSCR +7.4/10.0
• Appreciation +6.7/10.0
• 1% rule +5.5/10.0
• Schools +5.5/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Move in ready home in Rudd. This 3-4 bdrm home is truly move in ready. Everything has been done for you, and the décor is wonderful. 3 bdrms upstairs with a walkin closet in largest bedroom. Main level offers a family room or bonus 4th bdrm. Open layout. Formal livingroom offers office/exercise area. Even though this home doesn't have a basement, it offers a crawl space for bad weather, but also all the amenities you need on the main levels. Lets not forget the garage, huge 3 stall HEATED garage. Fenced private back yard with patio and pond.

Key facts

• Main floor laundry
• Spacious rooms
• 4 garage spots

Tags

• SPACIOUS ROOMS
• WELCOMING LIVING ROOM
• OVERSIZED DETACHED GARAGE
• MAIN FLOOR LAUNDRY

Property features AI

Exterior

• Parking: Detached concrete garage with 4 spaces
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Two-story; Residential property
• Construction: Vinyl siding; Asphalt roof; Built with crawl-space/partial basement
• Exterior features: Fenced yard; Shed; Corner lot

Interior

• Kitchen: Dishwasher, Electric range, Refrigerator
• Bedrooms: One main-level bedroom
• Flooring: Carpet; Vinyl
• Bathrooms: One main-level bathroom
• Heating & cooling: Forced air heating; Central air conditioning; Ceiling fan(s)
• Interior features: Dishwasher, Electric range, Refrigerator; Carpet and vinyl flooring; Basement (partial, crawl space); Ceiling fan(s); Smoke detector(s)

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $233 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).

Location & tenants

• Location reads 64/100 on livability (#611 in IA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, health & safety C-, schools F.
• Rudd-Rockford-Marble Rk Community School District (rural): math 67% / reading 63% proficiency, ranked #193 of 289 in IA (top 67%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 3 active listings in the ZIP; 38 units permitted in Floyd County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($898 loan paydown + $4k appreciation (3.4% local appreciation)).
• Floyd County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (3.4% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 11y 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 $70k; list at $130k implies a 86% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $129,900

Questions for the listing agent

1. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 1.05% ✓
• Cap rate: 8.44%
• Cash-on-cash: 7.68%
• DSCR: 1.34
• GRM: 8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.36% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.6%
• Equity multiple: 1.91×
• Total profit: $32,945
• Equity at exit: $61,061

10-year hold

• IRR: 17.0%
• Equity multiple: 3.57×
• Total profit: $93,472
• Equity at exit: $96,218

Cash invested: $36,372 (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 50471

• Home prices YoY: 2.1%
• Active inventory: 3
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,360 medium
• Mortgage (P&I): −$681
• Tax from tax record: −$106 /mo · $1,278/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$286
• Net cashflow: $233

Break-even live

Break-even rent $1,066

Max offer price $129,900

Occupancy floor 78%

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Listing history 7 events

1. 2026-06-19
   days on market $129,900 Active 7 DOM
2. 2026-06-18
   days on market $129,900 Active 6 DOM
3. 2026-06-17
   days on market $129,900 Active 5 DOM
4. 2026-06-16
   days on market $129,900 Active 4 DOM
5. 2026-06-15
   days on market $129,900 Active 3 DOM
6. 2026-06-13
   remarks 461-char remark
7. 2026-06-13
   listed $129,900 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: $1,278 · $106/mo
• Projected year-2 tax: $1,659 · $138/mo
• Expected delta: +$381/yr (+$32/mo · 29.8%)

ⓘ 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 2/10 Low 7 d/yr ≥100°F today · 16 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: $16,321
• − Mortgage interest: −$7,276
• − Property taxes: −$1,278
• − Insurance: −$650
• − Repairs & maintenance: −$1,306
• − Management: −$1,306
• − Depreciation: −$3,779
• Taxable income: $727
• Est. tax owed @ 24.0%: −$174
• After-tax cash flow: $2,617/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: Rudd-Rockford-Marble Rk Community School District
• NCES district ID: 1924960
• Math proficiency: 67% ▼ -8.00%
• Reading proficiency: 63% ▼ -2.00%
• Median HH income: $50,838
• Composite: 55.32/100
• National rank: #1259
• State rank: #193 of 289 in IA

Livability — Rudd

• Score: 64/100
• State rank: #611
• US rank: #14104

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rudd, IA
• Population (ZIP): 786

Population outlook (Floyd County) Hauer SSP2

• Today (2025): 15,524 people
• By 2030: 15,254 · -1.7%
• By 2040: 14,830 · -4.5%
• By 2050: 14,660 · -5.6%
• By 2075: 15,548 · +0.2%
• By 2100: 17,406 · +12.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Asian 2% Two or more races 1%
• Common ancestry: Portuguese 6% Italian 5% Iranian 1%
• Foreign-born: 2% · South Korea
• Languages at home: 97% English-only · Korean 2% German/W. Germanic 1%

Political lean MEDSL · Floyd

• 2024 margin: Strong R (+25.7) · D 36.5% · R 62.2% · Other 1.3%
• 2008→2024 swing: -47.6pp toward R · 2008: 21.9pp · 2024: -25.7pp
• All cycles: 2024: R+25.7 2020: R+19.4 2016: R+14.9 2012: D+14.7 2008: D+21.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.36%
• Current HPI: 165.8803
• 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

+795.9% since first listed

10 events — show timeline

• 2026-06-12 Listed $129,900 Greater Mason BOR
• 2023-04-17 Sold (Public Records) $70,000 Public Records
• 2021-02-17 Sold (Public Records) $70,000 Public Records
• 2019-03-01 Sold (Public Records) $82,000 Public Records
• 2015-05-08 Sold (Public Records) $80,000 Public Records
• 2015-04-30 Sold (MLS) $80,000 Greater Mason BOR
• 2015-02-28 Listed $84,900 Greater Mason BOR
• 2013-06-21 Sold (Public Records) $74,400 Public Records
• 1997-05-09 Sold (Public Records) $20,000 Public Records
• 1990-05-31 Sold (Public Records) $14,500 Public Records

Property tax history

+5.4%/yr

Latest (2025): $1,278 · +7.2% YoY. Source: county tax records.