225 Haws Dr · Ogden, IA 50212

$155,000

3 bd · 1.0 ba · 1,556 sqft · SingleFamily public records · 27 Days on market

Built 1976 Est $247k · 37% under

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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).

• ARV discount +15.0/15.0
• Cash flow +11.3/30.0
• Appreciation +10.0/10.0
• Schools +6.5/10.0
• Livability +4.0/5.0
• DSCR +3.3/10.0
• 1% rule +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This home is located on the south side of Ogden approx. 3 blocks from entering HWY 30. This home has a great layout. There are needed projects to be done, refer to pictures. There is lots of potential to be realized in this home. Attached 2 car garage, fully private fenced in yard, huge living room. Kitchen is open to a large dining area. Bedrooms are good sized. There are a lot of closets for storage. Come see if you can make this your next home.

Key facts

• New siding
• Brand new kitchen
• New hvac

Tags

• NEW SIDING
• NEW WINDOWS
• NEW HVAC
• OVERSIZED LIVING AREA
• BRAND NEW KITCHEN
• UPDATED CABINETRY

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $-58 ($-696/yr) — negative.
• To cash-flow at today's rent, offer at most $145k (6.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $121k (22.0% below list).
• Recommended offer: $121k (22.0% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 2.8% in Ogden — 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 81/100 on livability (#70 in IA, #1,530 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, cost of living A+; Watch: employment D, amenities F, commute F.
• Ogden Community School District (rural): math 74% / reading 77% proficiency, ranked #61 of 289 in IA (top 21%) — strong family-tenant draw, lease renewals of 3-5y typical; only 20% free/reduced lunch — higher-income household profile.
• Market conditions: 31 active listings in the ZIP; 80 units permitted in Boone County in 2024 (16 in 5+ unit buildings).

Forward outlook

• In year one you build about $17k of equity ($1k loan paydown + $16k appreciation (10.0% local appreciation)).
• At projected returns (10.0% appreciation + 3.0% rent growth), your $43k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($153k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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 $30k; list at $155k implies a 417% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $120,829 (22.0% 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 1976 — 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: 0.78% ✗
• Cap rate: 5.84%
• Cash-on-cash: -1.60%
• DSCR: 0.93
• GRM: 10.7

CMA / ARV

• ARV (on-the-fly): $247,404
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
502 Jones SW 2nd St St	0.16mi	3/2.5	1,492 (-4%)	10mo	$262,000	$176	72
507 Jones Sw 2nd St	0.16mi	4/— (+1)	1,612 (+4%)	16mo	$315,000	$195	68
620 SW 4th St	0.09mi	3/1.0	1,352 (-13%)	9mo	$195,000	$144	66
631 W Division St	0.40mi	4/2.0 (+1)	1,562 (+0%)	13mo	$267,000	$171	61
201 SE 2nd St	0.55mi	2/2.0 (-1)	1,544 (-1%)	4mo	$205,000	$133	60
526 SW 4th St	0.16mi	3/3.0	1,482 (-5%)	20mo	$235,000	$159	60
219 S 1st St	0.51mi	4/2.0 (+1)	1,536 (-1%)	9mo	$220,000	$143	58
108 W Division St	0.27mi	4/2.0 (+1)	1,627 (+5%)	20mo	$198,000	$122	54
214 N 1st St	0.70mi	4/1.0 (+1)	1,683 (+8%)	1mo	$135,000	$80	48
308 SE 4th St	0.51mi	3/2.0	1,681 (+8%)	18mo	$308,000	$183	44
107 SW 8th St	0.64mi	3/3.5	1,738 (+12%)	10mo	$410,000	$236	32
208 E Sycamore St	0.73mi	3/1.5	1,340 (-14%)	13mo	$168,000	$125	30

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

Projected returns pro-forma

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

5-year hold

• IRR: 23.1%
• Equity multiple: 2.86×
• Total profit: $80,703
• Equity at exit: $139,636

10-year hold

• IRR: 20.6%
• Equity multiple: 6.54×
• Total profit: $240,528
• Equity at exit: $301,131

Cash invested: $43,400 (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 50212

• Home prices YoY: 5.1%
• Active inventory: 31
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $1,208 medium
• Mortgage (P&I): −$813
• Tax from tax record: −$135 /mo · $1,622/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $-58

Break-even live

Break-even rent $1,282

Max offer price $144,747

Occupancy floor 100%

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-18
   days on market $155,000 Active 27 DOM
2. 2026-06-17
   days on market $155,000 Active 26 DOM
3. 2026-06-16
   days on market $155,000 Active 25 DOM
4. 2026-06-15
   days on market $155,000 Active 24 DOM
5. 2026-06-13
   days on market $155,000 Active 22 DOM
6. 2026-06-12
   days on market $155,000 Active 21 DOM
7. 2026-06-09
   days on market $155,000 Active 18 DOM
8. 2026-06-08
   days on market $155,000 Active 17 DOM
9. 2026-06-07
   days on market $155,000 Active 16 DOM
10. 2026-06-05
    statusdays on market $155,000 Active 14 DOM
11. 2026-04-24
    status Pending
12. 2026-04-11
    listed $155,000 Active
13. 2021-03-01
    soldstatus $30,000 452-char remark

    Show marketing remark (451 chars)

    This home is located on the south side of Ogden approx. 3 blocks from entering HWY 30. This home has a great layout. There are needed projects to be done, refer to pictures. There is lots of potential to be realized in this home. Attached 2 car garage, fully private fenced in yard, huge living room. Kitchen is open to a large dining area. Bedrooms are good sized. There are a lot of closets for storage. Come see if you can make this your next home.

14. 2021-03-01
    soldstatus $30,000 451-char remark

    Show marketing remark (451 chars)

    This home is located on the south side of Ogden approx. 3 blocks from entering HWY 30. This home has a great layout. There are needed projects to be done, refer to pictures. There is lots of potential to be realized in this home. Attached 2 car garage, fully private fenced in yard, huge living room. Kitchen is open to a large dining area. Bedrooms are good sized. There are a lot of closets for storage. Come see if you can make this your next home.

15. 2021-01-14
    listed $35,000 452-char remark

    Show marketing remark (452 chars)

    This home is located on the south side of Ogden approx. 3 blocks from entering HWY 30. This home has a great layout. There are needed projects to be done, refer to pictures. There is lots of potential to be realized in this home. Attached 2 car garage, fully private fenced in yard, huge living room. Kitchen is open to a large dining area. Bedrooms are good sized. There are a lot of closets for storage. Come see if you can make this your next home.

16. 2021-01-13
    listed $35,000 451-char remark

    Show marketing remark (451 chars)

    This home is located on the south side of Ogden approx. 3 blocks from entering HWY 30. This home has a great layout. There are needed projects to be done, refer to pictures. There is lots of potential to be realized in this home. Attached 2 car garage, fully private fenced in yard, huge living room. Kitchen is open to a large dining area. Bedrooms are good sized. There are a lot of closets for storage. Come see if you can make this your next home.

ⓘ 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: $1,622 · $135/mo
• Projected year-2 tax: $2,028 · $169/mo
• Expected delta: +$406/yr (+$34/mo · 25.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 75% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°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: $14,499
• − Mortgage interest: −$8,682
• − Property taxes: −$1,622
• − Insurance: −$775
• − Repairs & maintenance: −$1,160
• − Management: −$1,160
• − Depreciation: −$4,509
• Taxable loss: −$3,409
• Est. tax savings @ 24.0%: +$818
• After-tax cash flow: $122/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: Ogden Community School District
• NCES district ID: 1921660
• Math proficiency: 74% ▼ -9.00%
• Reading proficiency: 77% ▼ -7.00%
• Median HH income: $56,714
• Composite: 64.56/100
• National rank: #536
• State rank: #61 of 289 in IA

Livability — Ogden

• Score: 81/100
• State rank: #70
• US rank: #1530

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ogden, IA
• Population (ZIP): 3,109

Population outlook (Boone County) Hauer SSP2

• Today (2025): 27,674 people
• By 2030: 28,058 · +1.4%
• By 2040: 28,474 · +2.9%
• By 2050: 28,383 · +2.6%
• By 2075: 27,647 · -0.1%
• By 2100: 25,485 · -7.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (98%)
• Race & ethnicity: White 98% Two or more races 1%
• Common ancestry: Iranian 6% Portuguese 6% Italian 2%
• Foreign-born: 1%

Political lean MEDSL · Boone

• 2024 margin: Strong R (+21.5) · D 38.4% · R 59.9% · Other 1.6%
• 2008→2024 swing: -29.2pp toward R · 2008: 7.6pp · 2024: -21.5pp
• All cycles: 2024: R+21.5 2020: R+15.6 2016: R+13.9 2012: D+6.4 2008: D+7.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 12.76%
• Current HPI: 263.0
• 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

+342.9% since first listed

6 events — show timeline

• 2026-04-24 Pending — DMMLS
• 2026-04-11 Listed $155,000 DMMLS
• 2021-03-01 Sold (MLS) $30,000 CIBOR
• 2021-03-01 Sold (MLS) $30,000 DMMLS
• 2021-01-14 Listed $35,000 DMMLS
• 2021-01-13 Listed $35,000 CIBOR

Property tax history

+7.4%/yr

Latest (2025): $1,622 · +0.4% YoY. Source: county tax records.