1137 Crestview Drive

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1137 Crestview Drive

Ellston, IA 50074
Asking Price
$27K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel available for acquisition in Ellston
  • Priced at twenty-six thousand nine hundred dollars
  • Located at 1137 Crestview Drive within Ringgold County
  • Suitable site for custom single-family home development
  • Accessible location in a growing southern Iowa market

What's Special

Constructing a single-family home serves as an ideal development pathway for this plot at 1137 Crestview Drive in Ellston, Iowa. Measuring within a quiet residential sector, this land parcel offers a straightforward entry point for private builders or individual homeowners seeking a foothold in this growing rural market. The site provides a clean slate for residential planning, benefiting from the manageable pace of life characteristic of southern Iowa communities. This asset remains well-positioned for those looking to acquire undeveloped space in a stable regional economy. Investors and builders can leverage the land for residential improvements, taking advantage of the accessible location to create long-term value within the local housing market. With its clear utility for residential construction, the parcel remains a pragmatic addition to a portfolio focused on land development in smaller Iowa municipalities.

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NOI
$80,000
Cap Rate
297.40%
DSCR
50.09
Strong
Cash-on-Cash
971.54%
Monthly Payment
$133.087
Annual Cash Flow
$78,402.962

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