307 W Meadow Dr Prairie City, IA 50228

5 beds · 3 baths · 2,679 sq ft · Lot Size: 11,326 sq ft · Single Family Home
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307 W Meadow Dr is in the 50228 neighborhood of Prairie City, IA. It is located in Jasper County and ZIP code 50228. This Single Family Home was built in 2010 and is approximately 15 years old. The single family home spans 2679 sq ft with 5 bedrooms and 3 bathrooms and sits on a 11326 sq ft lot. Analyze and compare real estate investment strategies for properties like this home at 307 W Meadow Dr Prairie City, IA 50228 with Property Intel by Whitepages.

Investment Potential for 307 W Meadow Dr

The property has a current estimated value of $304,568, which is 48% above the zip median. Projected long-term rental income is $28,200 annually ($2,350 per month) with a 93% occupancy rate.

Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 50228 zip code
 
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Owners & Occupancy for 307 W Meadow Dr

This property is owned by Jamie L Van. Owner contact information includes 7 phone numbers and 2 email addresses.

Property Owners

Cell Phone(515) ***-****
Residence****************
Landline(515) 994-2693+ 3 more
Distance from Property**********
Email Address***********@hotmail.com
Cell Phone(515) ***-****
Residence****************
Landline(515) 994-2693+ 1 more
Distance from Property**********
Email Address**********@frontiernet.net

Property Ownership Information

Property Tax Amount$6,212 in 2024

Occupancy

Current Occupancy*****View Occupancy
Resident 1*********** age 47
Resident 2******************* age 48
Resident 3****************

Property Details for 307 W Meadow Dr

Property Details

Property Sq Ft

Living Area

2,679 sq ft

Compare to 50228

Lot Size

11,326 sq ft

Compare to 50228

Price Per Sq Ft

Living Area

$114 / sq ft

Compare to 50228

Lot Size Area

$27 / sq ft

Compare to 50228
Property condition, age, exterior, etc. for 307 W Mead…
Longitude: -93.239694 Latitude: 41.594387 Parcel Number (APN): 16-02-222-007…
Mortgage originated on through lender: Midwestone Bk for$*****View Mortgage Details
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Market Benchmarks

Compare data for 307 W Meadow Dr in Jasper County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$304,568
$291,982
$12,586 (4%)
YoY Price Change
2.36%
405%
Year Built
2010
1976
34 years
Living Space
2,679 sq ft
2,265 sq ft
414 (18%)
$ Per Living Sq Ft
$114
$134
-$21 (-15%)
Lot Size
11,326 sq ft
13,939 sq ft
-2613 (-19%)
$ Per Lot Sq Ft
$27
$26
$0 (2%)

Net Operating Income
$13,707
$2,287 (17%)
Annual Revenue
$28,200
$21,600
$6,600 (31%)
$7,181
$5,025 (70%)
Net Operating Income
$13,707
$2,287 (17%)
Cap Rate
4.56%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians