121 E Vine StClarksvilleIA50619
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 Clarksville at 121 E Vine St, Clarksville, IA, 50619 listed at $220,000 pairs $1,768/mo rent with a $1,077/mo payment to leave $339/mo cash flow. Total monthly income runs $1,768/mo, and annual cash flow reaches $4,068/yr on $72,930 cash to close. Return on cash invested measures 25.49% in year one, and rental yield registers 9.64% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 133.15% and total cumulative return in cash totals $97,103. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,768/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1937
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50619, Clarksville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 973 (100%) |
| Owner Occupied HU | 783 (80.5%) |
| Renter Occupied HU | 128 (13.2%) |
| Vacant Housing Units | 62 ( 6.4%) |
| Median Home Value | $174,322 |
| Average Home Value | $221,612 |
Housing Distribution
Address Breakdown
Residential
638
Single Family
607
Multi-Family
31
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Kelm • Century 21 Signature Real Estate-Waverly
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20256080