1860 Highway 69KlemmeIA50449
Nearby investment properties with comparable rents
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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 Klemme at 1860 Highway 69, Klemme, IA, 50449 generates $1,688/mo in rent, after a $1,762/mo payment. Total monthly income is $1,688/mo. Return on cash invested sits at 13.37% in year one, and rental yield is 5.63% on a $359,999 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 68.18% and total cumulative return in cash sums $81,369. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,688/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
8 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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