1229 13th Ave NClintonIA52732
Nearby investment properties with comparable rents
- 2 Bed
- 1 Bath
- 1173 sft
- 2 Bed
- 1 Bath
- 1164 sft
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 Clinton at 1229 13th Ave N, Clinton, IA, 52732 generates $1,272/mo in rent and, after a $651/mo payment, leaves $408/mo in cash flow. Total monthly income is $1,272/mo, and annual cash flow is $4,898/yr on $44,090 invested. Return on cash invested sits at 31.02% in year one, and rental yield is 11.48% on a $133,000 entry. Equity gained on principal adds $858/yr, while 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 162.94% and total cumulative return in cash sums $71,841. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,272/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52732, Clinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,571 (100%) |
| Owner Occupied HU | 7,564 (60.2%) |
| Renter Occupied HU | 3,451 (27.5%) |
| Vacant Housing Units | 1,556 (12.4%) |
| Median Home Value | $156,796 |
| Average Home Value | $229,976 |
Housing Distribution
Address Breakdown
Residential
11,644
Single Family
10,798
Multi-Family
846
Businesses
779
Nearby investment properties with comparable rents
- 2 Bed
- 1 Bath
- 1173 sft
- 2 Bed
- 1 Bath
- 1164 sft
Nearby investment properties with comparable prices