303 E Clay StCalmarIA52132
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 303 E Clay St, Calmar, IA, 52132 in Calmar deserves attention. This $139,000 property earns $1,975/mo in rent, a 17.05% gross yield, and nets $1,072/mo after the $625/mo payment. DSCR 3.16 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $38,403 compounds alongside $1,280/yr in yearly equity build, for a total cumulative return of $121,916.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.1% | 7.0% |
| Monthly Cash Flow | $1,072 | $500 |
City averages based on Calmar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,975 |
| Total Monthly Debt Service | $847 |
| DSCR Ratio | 2.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52132, Calmar, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 942 (100%) |
| Owner Occupied HU | 626 (66.5%) |
| Renter Occupied HU | 220 (23.4%) |
| Vacant Housing Units | 96 (10.2%) |
| Median Home Value | $237,222 |
| Average Home Value | $278,247 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
413
Multi-Family
22
Businesses
35
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
Single Family
Built in 1976
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52132, Calmar, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 942 (100%) |
| Owner Occupied HU | 626 (66.5%) |
| Renter Occupied HU | 220 (23.4%) |
| Vacant Housing Units | 96 (10.2%) |
| Median Home Value | $237,222 |
| Average Home Value | $278,247 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
413
Multi-Family
22
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices