207 4th St N, Springville, IA 52336

This home is available now as a Rent-to-Own, Seller Financing, or Straight Rental. *All terms are open to negotiation including price, rent, deposit, and purchase structure* What is Rent-to-Own? This home offers a rent-to-own option ideal for people who want to become homeowners but may not currently qualify for a traditional mortgage due to credit, income history, or other barriers. With interest rates high and lending tougher than usual, this gives you a way to lock in your future home now, move in right away, and buy later when you're ready. What is Seller Financing? Seller financing is a way to buy a home without going through a bank. Instead of applying for a mortgage, you make payments directly to the seller based on a contract you both agree on. This allows you to move in immediately without the delays of bank approvals, inspections, or appraisals. You gain what's called "equitable title," meaning you're treated like the owner while making payments. After a set period (like 2 years), you can either refinance with a traditional lender, pay off the balance, or renegotiate terms with the seller. Located in the heart of Springville, this 5 bed, 2.5 bath home is just a short walk to the school and the newly renovated children's park. It features a large kitchen, solar panels, a historic layout with character, and a spacious 40' x 24' garage with 220V. Blow-in insulation has been added throughout the walls, making the home extremely well-insulated and energy efficient. This home was previously used as a duplex and has since been converted into a single-family home. It retains the flexibility to easily be reconverted into a duplex or used as a mother-in-law suite. It also features two central air conditioning units one for the upper level and one for the main floor providing independent climate control and energy efficiency. The private fenced backyard includes an in-ground trampoline, a fire pit, and a children's playset, making it ideal for families with kids or anyone looking for outdoor fun and relaxation. While some interior paint and minor cosmetic updates could further improve the space, major upgrades like the roof, siding, and insulation have already been completed. Home Features 5 Bedrooms / 2.5 Bathrooms 2,381 sqft on a 0.33 acre lot Large kitchen with Omega cabinetry & Pergo flooring First-floor laundry (washer & dryer included) Butler staircase adds historic charm Recent plumbing & electrical updates Roof & siding ~4 years old Solar panel system = lower utility bills Huge 40' x 24' detached garage with 220V power great for workshop or EV charging Former duplex layout for privacy and flexible use Rent-to-Own $2,150/month rent $6,150 due at move-in (first month + security deposit) $14,500 non-refundable option fee (credited toward purchase price) 12-month lease with optional 6-month extension Purchase price locked in now Anything paid above $2,150/month credited toward purchase Tenant pays all utilities Option to buy anytime after July 2026 using traditional financing or cash Seller Financing Option 15% down payment ($47,250) 8% interest, amortized over 30 years 2-year balloon payment Approximately $1950 /month + Property Taxes and insurance Buyer takes possession immediately and pays monthly like a mortgage Buyer receives equitable title No need to work with a bank or mortgage company After 24 months, buyer can: Secure a traditional mortgage to pay off the balance Pay remaining balance in full Renegotiate new terms with the seller Straight Rental $2,150/month Tenant pays all utilities 12-month lease preferred (flexible terms considered) Move-In Costs: $4,000 refundable deposit First month's rent (may be prorated) Total due at signing: $6,150 (first months rent + security deposit) Message me to learn more or request a showing! This home is available as a Rent-to-Own, Seller Financing, or Straight Rental. *All terms are open to negotiation including price, rent, deposit, and purchase structure* What is Rent-to-Own? This home offers a rent-to-own option ideal for people who want to become homeowners but may not currently qualify for a traditional mortgage due to credit, income history, or other barriers. With interest rates high and lending tougher than usual, this gives you a way to lock in your future home now, move in right away, and buy later when you're ready. What is Seller Financing? Seller financing is a way to buy a home without going through a bank. Instead of applying for a mortgage, you make payments directly to the seller based on a contract you both agree on. This allows you to move in immediately without the delays of bank approvals, inspections, or appraisals. You gain what's called "equitable title," meaning you're treated like the owner while making payments. After a set period (like 2 years), you can either refinance with a traditional lender, pay off the balance, or renegotiate terms with the seller. Located in the heart of Springville, this 5 bed, 2.5 bath home is just a short walk to the school and the newly renovated children's park. It features a large kitchen, solar panels, a historic layout with character, and a spacious 40' x 24' garage with 220V. Blow-in insulation has been added throughout the walls, making the home extremely well-insulated and energy efficient. This home was previously used as a duplex and has since been converted into a single-family home. It retains the flexibility to easily be reconverted into a duplex or used as a mother-in-law suite. It also features two central air conditioning units one for the upper level and one for the main floor providing independent climate control and energy efficiency. The private fenced backyard includes an in-ground trampoline, a fire pit, and a children's playset, making it ideal for families with kids or anyone looking for outdoor fun and relaxation. While some interior paint and minor cosmetic updates could further improve the space, major upgrades like the roof, siding, and insulation have already been completed. Home Features 5 Bedrooms / 2.5 Bathrooms 2,381 sqft on a 0.33 acre lot Large kitchen with Omega cabinetry & Pergo flooring First-floor laundry (washer & dryer included) Butler staircase adds historic charm Recent plumbing & electrical updates Roof & siding ~4 years old Solar panel system = lower utility bills Huge 40' x 24' detached garage with 220V power great for workshop or EV charging Former duplex layout for privacy and flexible use Rent-to-Own $2,200/month rent $6,660 due at move-in (first month + $4,400 deposit) $14,500 non-refundable option fee (credited toward purchase price) 12-month lease with optional 6-month extension Purchase price locked in now Anything paid above $2,200/month credited toward purchase Tenant pays all utilities Option to buy anytime after July 2026 using traditional financing or cash Seller Financing Option 15% down payment ($47,250) 8% interest, amortized over 30 years 2-year balloon payment Approximately $1950 /month + Property Taxes and insurance Buyer takes possession immediately and pays monthly like a mortgage Buyer receives equitable title No need to work with a bank or mortgage company After 24 months, buyer can: Secure a traditional mortgage to pay off the balance Pay remaining balance in full Renegotiate new terms with the seller Straight Rental $2,200/month Tenant pays all utilities 12-month lease preferred (flexible terms considered) Move-In Costs: $4,400 refundable deposit (2 months' rent) First month's rent (may be prorated) Total due at signing: $6,600 (or prorated amount + $4,400 deposit) Message me to learn more or request a showing! What's the difference between rent to own and seller financing? Rent-to-Own means you're renting the home now with the option to buy it later. You can lock in the purchase price and build toward ownership, but until you buy it, you don't have equity or ownership rights major changes to the home usually need approval. Seller Financing means you're buying the home directly from the seller without a bank. You take equitable ownership right away (also known as "equitable title"), which means you can live in the home and make improvements as if it's yours, even though the full legal title transfers after the final payment or refinance.