2345 NW 150th StCliveIA50325
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clive at 2345 NW 150th St, Clive, IA, 50325 offers a 8.02% rental yield on a $315,000 purchase with $2,105/mo rent. 17% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 94.81% and total cumulative return in cash at $99,005. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,105/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1997
2,304 sqft lot
$N/A/sqft
$210 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sean Manning • Simply Better Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #704382
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.