212 3rd Ave NEClarionIA50525
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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 Clarion at 212 3rd Ave NE, Clarion, IA, 50525 listed at $173,500 pairs $0/mo rent with a $849/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.6% in year one, and rental yield registers 0% at a $173,500 basis. Equity gained on principal adds $1,120/yr, and annual property appreciation at 5% supports $47,935 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $849/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
4,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50525, Clarion, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,845 (100%) |
| Owner Occupied HU | 1,016 (55.1%) |
| Renter Occupied HU | 444 (24.1%) |
| Vacant Housing Units | 385 (20.9%) |
| Median Home Value | $165,351 |
| Average Home Value | $189,193 |
Housing Distribution
Address Breakdown
Residential
1,493
Single Family
1,362
Multi-Family
131
Businesses
186
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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