0 260th StClarindaIA51632
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Clarinda at 0 260th St, Clarinda, IA, 51632 listed at $799,500 pairs $1,534/mo rent with a $3,913/mo payment. Total monthly income runs $1,534/mo. Return on cash invested measures 3.37% in year one, and rental yield registers 2.3% at a $799,500 basis. Equity gained on principal adds $5,159/yr, and annual property appreciation at 5% supports $220,887 by year five. Five-year ROI tracks 14.52% and total cumulative return in cash totals $38,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,534/mo property income relative to a $3,913/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
130 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51632, Clarinda, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,934 (100%) |
| Owner Occupied HU | 1,800 (61.3%) |
| Renter Occupied HU | 775 (26.4%) |
| Vacant Housing Units | 359 (12.2%) |
| Median Home Value | $146,361 |
| Average Home Value | $195,581 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,462
Multi-Family
143
Businesses
251
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Garret Armstrong • Whitetail Properties Real Estate, LLC
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325707
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.