1267 113th StClemonsIA50206
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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 Clemons at 1267 113th St, Clemons, IA, 50206 generates $2,816/mo in rent, after a $2,325/mo payment. Total monthly income is $2,816/mo. Return on cash invested sits at 17.86% in year one, and rental yield is 7.11% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 92.24% and total cumulative return in cash sums $145,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,816/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
4.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50206, New Providence, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 227 (100%) |
| Owner Occupied HU | 160 (70.5%) |
| Renter Occupied HU | 48 (21.1%) |
| Vacant Housing Units | 19 ( 8.4%) |
| Median Home Value | $173,958 |
| Average Home Value | $262,219 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
131
Multi-Family
0
Businesses
9
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