105 Stonebrook CtClear LakeIA50428
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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
Rental property for sale in Clear Lake at 105 Stonebrook Ct, Clear Lake, IA, 50428 offers $3,694/mo rent that, after a $2,114/mo payment, leaves $889/mo cash flow. Total monthly income is $3,694/mo, and annual cash flow is $10,666/yr on $143,208 cash. Return on cash invested measures 27.36% in year one, and rental yield stands at 10.26% at a $432,000 entry. Equity gained on principal adds $2,788/yr while 5% annual appreciation compounds into $119,354 by year five. Five-year ROI records 143.18% and total cumulative return in cash reaches $205,039. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,694/mo property income versus a $2,114/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50428, Clear Lake, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,980 (100%) |
| Owner Occupied HU | 3,140 (52.5%) |
| Renter Occupied HU | 1,090 (18.2%) |
| Vacant Housing Units | 1,750 (29.3%) |
| Median Home Value | $330,643 |
| Average Home Value | $446,903 |
Housing Distribution
Address Breakdown
Residential
4,998
Single Family
4,426
Multi-Family
572
Businesses
427
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Listed by: Jacob Kopriva • Lakeside Brokers
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6317003
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-20 23:37:07 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#7734)