1365 Van AveKlemmeIA50449
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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 Klemme at 1365 Van Ave, Klemme, IA, 50449 offers a 9.18% rental yield on a $111,300 purchase with $851/mo rent. Total monthly income registers $851/mo, and a $545/mo payment leaves $128/mo available for distribution. Annual cash flow reaches $1,535/yr on $36,896 to close, and return on cash invested stands at 24.07% in year one. Equity gained on principal adds $718/yr while 5% annual appreciation supports $30,750 over five years. Portfolio math shows five-year ROI at 125.61% and total cumulative return in cash at $46,344. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $851/mo property income against a $545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50449, Klemme, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 324 (100%) |
| Owner Occupied HU | 224 (69.1%) |
| Renter Occupied HU | 57 (17.6%) |
| Vacant Housing Units | 43 (13.3%) |
| Median Home Value | $156,818 |
| Average Home Value | $195,915 |
Housing Distribution
Address Breakdown
Residential
221
Single Family
221
Multi-Family
0
Businesses
15
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