209 W Clark StClarindaIA51632
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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 $1,074/mo, and a $857/mo payment. Purchase price stands at $175,000, and rental yield measures 7.36% with $1,074/mo rent. Return on cash invested shows 18.61% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 96.24% and total cumulative return in cash records $55,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,074/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1994
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51632, Clarinda, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,462
Multi-Family
143
Businesses
251
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Listed by: Karen Beaver • Beaver Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327919
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.