product

markets

method

400 Frank St, Council Bluffs, IA 51503 — $189,500 · 3bd · ~1.1% rule | OnePercent

400 Frank St, Council Bluffs, IA 51503

$189,500

Home·Council Bluffs 51503·400 Frank St, Council Bluffs, IA 51503

Confirmed in the last few hours · −2.8% since list · seller motivation 18

400 Frank St, Council Bluffs, IA 51503

3 bd · 2 ba · 1,559 sqft · built 1958 · Council Bluffs · SINGLE_FAMILY·source listing ↗

$189,500

$195,000 first listed

seller intel

Price cut

−2.8%

from $195,000

Motivation score

18/100

OnePercent model (vv1)$2,138/mo

p10–p90 confidence band

HUD Fair Market Rent · 51503 · 3BR$1,540/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Pottawattamie

Flood risk indexRelatively Moderate FEMA NRI

Median household income$79,010

Median area rent$991/mo

Median home value$262,300

the verdict

1.13%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$189,500

1.13% · rent $2,138

Intrinsic value · income approach

$309,349

39% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.