1405 Legend DrCliveIA50325
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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 Clive at 1405 Legend Dr, Clive, IA, 50325 offers a 6.06% rental yield on a $389,900 purchase with $1,969/mo rent. 36% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 63.63% and total cumulative return in cash at $82,249. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,969/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1996
2,856 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50325, Clive, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,908 (100%) |
| Owner Occupied HU | 5,577 (70.5%) |
| Renter Occupied HU | 1,969 (24.9%) |
| Vacant Housing Units | 362 ( 4.6%) |
| Median Home Value | $401,677 |
| Average Home Value | $456,668 |
Housing Distribution
Address Breakdown
Residential
7,632
Single Family
6,289
Multi-Family
1,343
Businesses
996
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