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412 Elm Rathbun, IA 52544 • Residential - Single Family

New - 32 Hours Ago
  • 412 Elm, Rathbun, IA 52544 Main Photo

Description

Whether you are looking for a primary, secondary, or investment home, this home fits every bucket! Currently situated in the town of Rathbun just 2 miles from Rathbun Lake and surrounded by over 15,000 acres of public hunting ground. It is currently being used as a second home and an airbnb/VRBO. It has generated $12,000 in short term rental income since being first listed in May 2026. That's an average of around $2,000 in income potential each month! This beautiful 3 bedroom was newly built in 2024 and boasts a 1280 sq ft heated garage. Plenty of room for vehicles and toys. Luxury vinyl plank waterproof flooring throughout all the home making it easier to maintain. The open kitchen is a great place for entertaining and offers beautiful quartz countertops and a large island all within a close view of the living room and fireplace. Enjoy lower maintenance with all appliances, HVAC, plumbing, electrical, and exterior all brand new in 2024. Primary home? Lake home? Hunting cabin? Investment home? Second home? Tons of possibility and opportunity!

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,280
Garage Size: 4
Heated Garage
Built in 2024
One Fireplace

General Information

Bedrooms: 3
Bathrooms: 2
Sqft: 1,280
County: Appanoose
Listed By:
Summit Realty LLC 641-842-7181
No Coast MLS
$349,000
Est. $2,422/mo
3beds
2baths
1,280sqft
4cars
New to the Market Active
BEDS3 BATHS1 full 1 partial SQUARE FEET1,280 MLS#6344065
STATUS PROPERTY TYPEResidential - Single Family

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412 Elm, Rathbun, IA 52544.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $349,000$349,000$349,000
Down Payment $69,800$12,215$87,250
Monthly Mortgage Amount $1,834$2,251$2,262
Taxes $486$486$486
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$154$0
Monthly Estimated Total $2,422$2,993$2,850

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