503 E 6th St Prairie City, IA 50228

2 beds · 1 bath · 1,068 sq ft · Lot Size: 8,712 sq ft · Single Family Home
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503 E 6th St 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 1950 and is approximately 75 years old. The single family home spans 1068 sq ft with 2 bedrooms and 1 bathroom and sits on a 8712 sq ft lot. According to public records, it was last sold in 2001. Analyze and compare real estate investment strategies for properties like this home at 503 E 6th St Prairie City, IA 50228 with Property Intel by Whitepages.

Investment Potential for 503 E 6th St

The property has a current estimated value of $99,655, which is 25% below the zip median, based on public records. It last sold on August 06, 2001. Projected long-term
is $16,800 annually ($1,400 per month) with a 93% occupancy rate.

Long-Term

Gross Rental
$16,800 per year($1,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 50228 zip code
 
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Owners & Occupancy for 503 E 6th St

This property is owned by Chad E Smith. Owner contact information includes 5 phone numbers and 5 email addresses.

Property Owners

Cell Phone(515) ***-****
Residence****************
Landline(515) 994-2393+ 3 more
Distance from Property**********
Email Address**********@yahoo.com
Cell Phone(515) ***-****
Residence****************
Landline(515) 994-2393+ 4 more
Distance from Property**********
Email Address**************@gmail.com

Property Ownership Information

Purchase DateAugust 06, 2001
Property Tax Amount$2,076 in 2024

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 48
Resident 2************ age 50

Property Details for 503 E 6th St

Property Details

Property Sq Ft

Living Area

1,068 sq ft

Compare to 50228

Lot Size

8,712 sq ft

Compare to 50228

Price Per Sq Ft

Living Area

$93 / sq ft

Compare to 50228

Lot Size Area

$11 / sq ft

Compare to 50228
Property condition, age, exterior, etc. for 503 E 6th …
Longitude: -93.231192 Latitude: 41.600096 Parcel Number (APN): 16-01-106-002…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Market Benchmarks

Compare data for 503 E 6th St in Jasper County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$99,655
$145,207
-$45,552 (-31%)
YoY Price Change
3.66%
263%
Year Built
1950
1950
0 years
Living Space
1,068 sq ft
1,120 sq ft
-52 (-5%)
$ Per Living Sq Ft
$93
$130
-$37 (-28%)
Lot Size
8,712 sq ft
8,400 sq ft
312 (4%)
$ Per Lot Sq Ft
$11
$19
-$7 (-39%)

Net Operating Income
$11,675
$65 (1%)
Annual Revenue
$16,800
$16,200
$600 (4%)
$4,588
$472 (10%)
Net Operating Income
$11,675
$65 (1%)
Cap Rate
7.24%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians