Investment Potential for 502 E 5th St

The property has a current estimated value of $157,741, which is 24% below the zip median, based on public records. It last sold on April 22, 2003. Projected long-term

is $16,800 annually ($1,400 per month) with a 93% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$158K

($150K - $164K)

24% below zip median

Discover more Single Family Homes in 50228.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$16,800 per year($1,400 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

93%in 50228 zip code

View Rental Potential

Owners & Occupancy for 502 E 5th St

This property is owned by Vernon C Tyler. Owner contact information includes 3 phone numbers and 2 email addresses.

Occupancy

*****

View Occupancy

Number of Owners

2

Number of Residents

1

Property Owners

Vernon C Tyler, age **

Residence	****************
Landline	(515) 299-5360
Distance from Property	**********
Email Address	****@q.comView Email

Property Ownership Information

Purchase Date	April 22, 2003
Property Tax Amount	$2,544 in 2024

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	*************** age 72

Property Details for 502 E 5th St

Property Age

115 years

(Remodeled 1910)

57 years older than zip median

Property Details

Property Sq Ft

Living Area

1,509 sq ft

28% below market

Lot Size

8,712 sq ft

47% below market

Price Per Sq Ft

Living Area

$105 / sq ft

0% above market

Lot Size Area

$18 / sq ft

4% below market

Property Information

Property condition, age, exterior, etc. for 502 E 5th …

Land & Location Information

Longitude: -93.231194 Latitude: 41.599689 Parcel Number (APN): 16-01-106-006…

Recommended Properties in 50228

Discover more single family homes near 502 E 5th St in Prairie City, Iowa. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owner Age 35 - 45
$141K - $154K
Est. Value
9377 Prairie Ave, Prairie City, IA 50228
4 beds · 1 baths · 1,992 sq ft · Last Sold: $55,000 in 2022 · Built: 1898
Owner Age 65 - 75
$167K - $182K
Est. Value
207 N Sherman St, Prairie City, IA 50228
4 beds · 1 baths · 1,653 sq ft · Built: 1920
High Demand Long-Term Rental
$161K - $179K
Est. Value
209 W 8th St, Prairie City, IA 50228
4 beds · 2 baths · 2,082 sq ft · Built: 1905
Equity Status
$274K - $298K
Est. Value
106 Ashtyn Ln, Prairie City, IA 50228
5 beds · 3 baths · 2,407 sq ft · Last Sold: $318,000 in 2022 · Built: 2004
Owner Age Above 75
$220K - $241K
Est. Value
407 S Main St, Prairie City, IA 50228
4 beds · 2 baths · 2,194 sq ft · Built: 1920
Equity Status
$201K - $217K
Est. Value
606 E Kayla Ln, Prairie City, IA 50228
5 beds · 3 baths · 3,306 sq ft · Last Sold: $312,000 in 2016 · Built: 2016
Equity Status
$247K - $269K
Est. Value
704 S Veverka Dr, Prairie City, IA 50228
4 beds · 3 baths · 2,563 sq ft · Last Sold: $600,000 in 2021 · Built: 2001
Large Lot Advantage
$192K - $208K
Est. Value
607 E Kayla Ln, Prairie City, IA 50228
4 beds · 3 baths · 3,283 sq ft · Last Sold: $256,500 in 2012 · Built: 2005
Equity Status
$234K - $257K
Est. Value
805 S State St, Prairie City, IA 50228
4 beds · 2 baths · 2,084 sq ft · Last Sold: $130,000 in 2012 · Built: 1975
Equity Status
$155K - $169K
Est. Value
606 E 5th St, Prairie City, IA 50228
4 beds · 2 baths · 2,940 sq ft · Last Sold: $160,000 in 2007 · Built: 1949
Equity Status
$166K - $181K
Est. Value
704 Marshall Ct N, Prairie City, IA 50228
4 beds · 2 baths · 1,907 sq ft · Built: 1994
Equity Status
$290K - $321K
Est. Value
307 W Meadow Dr, Prairie City, IA 50228
5 beds · 3 baths · 2,679 sq ft · Built: 2010
Large Lot Advantage
$164K - $186K
Est. Value
401 S Madison St, Prairie City, IA 50228
5 beds · 1 baths · 1,930 sq ft · Built: 1917
Equity Status
$160K - $176K
Est. Value
307 E 6th St, Prairie City, IA 50228
4 beds · 1 baths · 1,602 sq ft · Built: 1930
Owner Age Above 75
$194K - $215K
Est. Value
307 N Sherman St, Prairie City, IA 50228
4 beds · 1 baths · 2,004 sq ft · Built: 1910
Equity Status
$262K - $289K
Est. Value
407 W Pleasantview Dr, Prairie City, IA 50228
4 beds · 3 baths · 2,540 sq ft · Last Sold: $252,000 in 2020 · Built: 2016
Equity Status
$153K - $166K
Est. Value
606 E Jefferson St, Prairie City, IA 50228
4 beds · 2 baths · 2,888 sq ft · Last Sold: $210,000 in 2023 · Built: 1905
Valued above Market Median
$229K - $251K
Est. Value
106 S Dewey St, Prairie City, IA 50228
4 beds · 3 baths · 1,968 sq ft · Built: 1980
Equity Status
$163K - $184K
Est. Value
207 N Madison St, Prairie City, IA 50228
4 beds · 1 baths · 2,168 sq ft · Built: 1900
Equity Status
$167K - $192K
Est. Value
603 N Park St, Prairie City, IA 50228
4 beds · 1 baths · 1,491 sq ft · Last Sold: $113,000 in 2015 · Built: 1955

Market Benchmarks

Compare data for 502 E 5th St in Jasper County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$157,741

$206,300

-$48,559 (-24%)

$291,982

-$134,241 (-46%)

—

YoY Price Change

****%

2.36%

1067%

Year Built

1910

1967

-57 years

1976

-66 years

Living Space

1,509 sq ft

2,099 sq ft

-590 (-28%)

2,265 sq ft

-756 (-33%)

$ Per Living Sq Ft

$105

$0 (0%)

$134

-$30 (-22%)

Lot Size

8,712 sq ft

16,368 sq ft

-7656 (-47%)

13,939 sq ft

-5227 (-37%)

$ Per Lot Sq Ft

$18

$19

-$1 (-4%)

$26

-$8 (-32%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$*******

$***** (****%)

$13,707

-$2,852 (-21%)

Annual Revenue

$16,800

$21,000

-$4,200 (-20%)

$21,600

-$4,800 (-22%)

$****

$**** (****%)

$7,181

-$1,236 (-17%)

Net Operating Income

$*****

$*******

$***** (****%)

$13,707

-$2,852 (-21%)

Cap Rate

****%

—

4.56%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	4
Total Bathrooms	2
Year Built	1910
Building Sq Ft	1,509 sq ft
Lot Size	0 Acres
Living Space	1,509 sq ft
Basement	624 sq ft
Roof Covering	Asphalt
Garage	Garage
Fireplace	Yes
Fireplace Type	Prefab

APN	16-01-106-006
Census Tract	0407004032
Municipality	Prairie City-city
County	Jasper
Subdivision	Furnoys Add
Neighborhood	50228
Longitude / Latitude	-93.231194 / 41.599689
Lot Size	8,712 sq ft

502 E 5th St Prairie City, IA 50228

property value

$157,741

market valuation

$206,300

market valuation

$206,300

investment intelligence

Investment Potential for 502 E 5th St

rental income

property appreciation

property value

$158K

($150K - $164K)

rental income

operating expenses

Owners & Occupancy for 502 E 5th St

Occupancy

Number of Owners

2

Number of Residents

1

Property Owners

Vernon C Tyler, age **

Delores M Tyler, age **

Property Ownership Information

Occupancy

Property Details for 502 E 5th St

Property Age

115 years

(Remodeled 1910)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in 50228

$141K - $154K

Est. Value

9377 Prairie Ave, Prairie City, IA 50228

4 beds · 1 baths · 1,992 sq ft · Last Sold: $55,000 in 2022 · Built: 1898

$167K - $182K

Est. Value

207 N Sherman St, Prairie City, IA 50228

4 beds · 1 baths · 1,653 sq ft · Built: 1920

$161K - $179K

Est. Value

209 W 8th St, Prairie City, IA 50228

4 beds · 2 baths · 2,082 sq ft · Built: 1905

$274K - $298K

Est. Value

106 Ashtyn Ln, Prairie City, IA 50228

5 beds · 3 baths · 2,407 sq ft · Last Sold: $318,000 in 2022 · Built: 2004

$220K - $241K

Est. Value

407 S Main St, Prairie City, IA 50228

4 beds · 2 baths · 2,194 sq ft · Built: 1920

$201K - $217K

Est. Value

606 E Kayla Ln, Prairie City, IA 50228

5 beds · 3 baths · 3,306 sq ft · Last Sold: $312,000 in 2016 · Built: 2016

$247K - $269K

Est. Value

704 S Veverka Dr, Prairie City, IA 50228

4 beds · 3 baths · 2,563 sq ft · Last Sold: $600,000 in 2021 · Built: 2001

$192K - $208K

Est. Value

607 E Kayla Ln, Prairie City, IA 50228

4 beds · 3 baths · 3,283 sq ft · Last Sold: $256,500 in 2012 · Built: 2005

$234K - $257K

Est. Value

805 S State St, Prairie City, IA 50228

4 beds · 2 baths · 2,084 sq ft · Last Sold: $130,000 in 2012 · Built: 1975

$155K - $169K

Est. Value

606 E 5th St, Prairie City, IA 50228