2207 Lafayette TerClintonIA52732
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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 Clinton at 2207 Lafayette Ter, Clinton, IA, 52732 priced at $136,000 pairs $1,192/mo rent with $308/mo cash flow after a $666/mo payment. Total monthly income equals $1,192/mo, and annual cash flow comes to $3,701/yr on $45,084 invested. Return on cash invested is 28.12% in year one, and rental yield stands at 10.52% on a $136,000 basis. Equity gained on principal adds $878/yr, and 5% annual appreciation accumulates to $37,574 by year five. Five-year ROI measures 147.36% and total cumulative return in cash reaches $66,434. For financing, Ziffy Mortgage’s DSCR program evaluates $1,192/mo property income against a $666/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52732, Clinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,571 (100%) |
| Owner Occupied HU | 7,564 (60.2%) |
| Renter Occupied HU | 3,451 (27.5%) |
| Vacant Housing Units | 1,556 (12.4%) |
| Median Home Value | $156,796 |
| Average Home Value | $229,976 |
Housing Distribution
Address Breakdown
Residential
11,644
Single Family
10,798
Multi-Family
846
Businesses
779
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Listed by: Philip Bousselot • Associated Real Estate Counselors DeWitt
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262031
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.