302 Ash StClemonsIA50051
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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 Clemons at 302 Ash St, Clemons, IA, 50051 priced at $125,000 converts $1,490/mo rent into $678/mo cash flow after a $612/mo obligation. Total monthly income equals $1,490/mo, and annual cash flow totals $8,136/yr on $41,438 invested. Return on cash invested prints 39.54% in year one, and rental yield reads 14.3% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 208.52% and total cumulative return in cash sums $86,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,490/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50051, Clemons, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 136 (100%) |
| Owner Occupied HU | 94 (69.1%) |
| Renter Occupied HU | 20 (14.7%) |
| Vacant Housing Units | 22 (16.2%) |
| Median Home Value | $268,333 |
| Average Home Value | $328,378 |
Housing Distribution
Address Breakdown
Residential
83
Single Family
83
Multi-Family
0
Businesses
3
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Listed by: OUTSIDE AGENT • OTHER
Mls Name: DMMLS
Mls Provider:
Mls ID: #723786
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.