








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Clarinda at 1001 S 17th St, Clarinda, IA, 51632 uses $46,410 cash to close to unlock $1,980/yr annual cash flow and $165/mo monthly cash flow. Total monthly income runs $1,074/mo, and a $685/mo payment keeps the spread at $165/mo. Purchase price stands at $140,000, and rental yield measures 9.21% with $1,074/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 126.1% and total cumulative return in cash records $58,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,074/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51632, Clarinda, IA area.
| 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 |
Residential
2,605
Single Family
2,462
Multi-Family
143
Businesses
251
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jennifer Baumgart • Manuel Realty
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6333283