108 Lawrence StCleghornIA51014
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
Rental property for sale in Cleghorn at 108 Lawrence St, Cleghorn, IA, 51014 priced at $169,000 pairs $1,157/mo rent with $60/mo cash flow after a $827/mo payment. Total monthly income equals $1,157/mo, and annual cash flow comes to $715/yr on $56,024 invested. Return on cash invested is 21.19% in year one, and rental yield stands at 8.22% on a $169,000 basis. Equity gained on principal adds $1,091/yr, and 5% annual appreciation accumulates to $46,692 by year five. Five-year ROI measures 110.11% and total cumulative return in cash reaches $61,687. For financing, Ziffy Mortgage’s DSCR program evaluates $1,157/mo property income against a $827/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51014, Cleghorn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 235 (100%) |
| Owner Occupied HU | 174 (74.0%) |
| Renter Occupied HU | 35 (14.9%) |
| Vacant Housing Units | 26 (11.1%) |
| Median Home Value | $175,000 |
| Average Home Value | $207,773 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
129
Multi-Family
0
Businesses
11
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Listed by: Rusty W Rasmus • Rasmus Realty & Auction
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828470
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.