2842 70th StClioIA50052
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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 Clio at 2842 70th St, Clio, IA, 50052 generates $1,116/mo in rent, after a $3,304/mo payment. Total monthly income is $1,116/mo. Return on cash invested sits at 2.4% in year one, and rental yield is 1.98% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 9.32% and total cumulative return in cash sums $20,691. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,116/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50052, Clio, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 55 (100%) |
| Owner Occupied HU | 32 (58.2%) |
| Renter Occupied HU | 13 (23.6%) |
| Vacant Housing Units | 10 (18.2%) |
| Median Home Value | $137,500 |
| Average Home Value | $239,688 |
Housing Distribution
Address Breakdown
Residential
51
Single Family
51
Multi-Family
0
Businesses
3
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