15384 Crane StClear LakeIA50428
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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
Total monthly income runs $916/mo, and a $3,304/mo payment. Purchase price stands at $675,000, and rental yield measures 1.63% with $916/mo rent. Return on cash invested shows 1.32% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 3.52% and total cumulative return in cash records $7,827. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $916/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 1935
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50428, Clear Lake, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,980 (100%) |
| Owner Occupied HU | 3,140 (52.5%) |
| Renter Occupied HU | 1,090 (18.2%) |
| Vacant Housing Units | 1,750 (29.3%) |
| Median Home Value | $330,643 |
| Average Home Value | $446,903 |
Housing Distribution
Address Breakdown
Residential
4,998
Single Family
4,426
Multi-Family
572
Businesses
427
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Listed by: N/A • N/A
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Mls ID: #N/A