206 Clark StLime SpringsIA52155
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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 Lime Springs at 206 Clark St, Lime Springs, IA, 52155 uses $34,808 cash to close to unlock $1,380/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $797/mo, and a $514/mo payment keeps the spread at $115/mo. Purchase price stands at $105,000, and rental yield measures 9.11% with $797/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 124.53% and total cumulative return in cash records $43,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $797/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1893
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52155, Lime Springs, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 523 (100%) |
| Owner Occupied HU | 382 (73.0%) |
| Renter Occupied HU | 86 (16.4%) |
| Vacant Housing Units | 55 (10.5%) |
| Median Home Value | $201,136 |
| Average Home Value | $257,526 |
Housing Distribution
Address Breakdown
Residential
524
Single Family
509
Multi-Family
15
Businesses
36
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Listed by: Jordan Rose • Realty One Group Welcome Home
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #250376
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.