Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Clarinda at 201 Towerwood Ct, Clarinda, IA, 51632 earns $106/mo cash flow from $1,800/mo rent with a $1,224/mo payment. Total monthly income totals $1,800/mo, and annual cash flow totals $1,277/yr on $82,875 capital. ROI tracks 21.45% on current figures, and rental yield reads 8.64% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 111.91% and total cumulative return in cash sums $92,746. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,800/mo property income instead of your personal income.
Single Family
Built in 1979
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51632, Clarinda, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,934 (100%) |
| Owner Occupied HU | 1,800 (61.3%) |
| Renter Occupied HU | 775 (26.4%) |
| Vacant Housing Units | 359 (12.2%) |
| Median Home Value | $146,361 |
| Average Home Value | $195,581 |
Residential
2,605
Single Family
2,462
Multi-Family
143
Businesses
251
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Price change | $250,000 |
| 2024-05-15 | Price change | $287,500 |
| 2024-04-03 | Price change | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $4634.00 | 12.80% | $265,550 | 12.85% |
| 2022-10-14 | $4108.00 | 1.94% | $235,310 | 10.04% |
| 2021-10-14 | $4030.00 | 1.77% | $213,840 | 8.87% |
Listed by: Teresa Rabbitt • Riesberg Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6311477
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
