1105 2nd Ave NEClarionIA50525
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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
Investment property for sale in Clarion at 1105 2nd Ave NE, Clarion, IA, 50525 earns $565/mo cash flow from $1,652/mo rent with a $729/mo payment. Total monthly income totals $1,652/mo, and annual cash flow totals $6,783/yr on $49,394 capital. ROI tracks 33.64% on current figures, and rental yield reads 13.3% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 178.04% and total cumulative return in cash sums $87,940. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,652/mo property income instead of your personal income.
Single Family
Built in 1975
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50525, Clarion, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,845 (100%) |
| Owner Occupied HU | 1,016 (55.1%) |
| Renter Occupied HU | 444 (24.1%) |
| Vacant Housing Units | 385 (20.9%) |
| Median Home Value | $165,351 |
| Average Home Value | $189,193 |
Housing Distribution
Address Breakdown
Residential
1,493
Single Family
1,362
Multi-Family
131
Businesses
186
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Listed by: Nancy K. Hagen • Progressive Real Estate RN,LLC
Mls Name: CIBR
Mls Provider:
Mls ID: #65702
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. Data is deemed reliable but not accurate.