1315 Caroline AveClintonIA52732
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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 Clinton at 1315 Caroline Ave, Clinton, IA, 52732 uses $45,913 cash to close to unlock $4,373/yr annual cash flow and $364/mo monthly cash flow. Total monthly income runs $1,264/mo, and a $678/mo payment keeps the spread at $364/mo. Purchase price stands at $138,500, and rental yield measures 10.95% with $1,264/mo rent. Return on cash invested shows 29.43% in year one, and 5% annual appreciation builds toward $38,265 over five years. Five-year ROI reaches 154.35% and total cumulative return in cash records $70,867. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,264/mo property income covering a $678/mo payment rather than investor’s personal income.
Single Family
Built in 1951
5,445 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
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