2128 NW 156th St UNIT 19CliveIA50325
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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 Clive at 2128 NW 156th St UNIT 19, Clive, IA, 50325 generates $1,201/mo in rent, after a $783/mo payment. Total monthly income is $1,201/mo. Return on cash invested sits at 17.24% in year one, and rental yield is 9.01% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 91.34% and total cumulative return in cash sums $48,414. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,201/mo property income rather than buyer’s personal income.
Condo
Built in 2001
7.24 Acres lot
$N/A/sqft
$280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50325, Clive, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,908 (100%) |
| Owner Occupied HU | 5,577 (70.5%) |
| Renter Occupied HU | 1,969 (24.9%) |
| Vacant Housing Units | 362 ( 4.6%) |
| Median Home Value | $401,677 |
| Average Home Value | $456,668 |
Housing Distribution
Address Breakdown
Residential
7,632
Single Family
6,289
Multi-Family
1,343
Businesses
996
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Listed by: Ryan Rivera • Zealty Home Advisors
Mls Name: DMMLS
Mls Provider:
Mls ID: #715381
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.