308 S 3rd StKlemmeIA50449
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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
Investment property for sale in Klemme at 308 S 3rd St, Klemme, IA, 50449 listed at $130,000 pairs $0/mo rent with a $636/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.59% in year one, and rental yield registers 0% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50449, Klemme, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 324 (100%) |
| Owner Occupied HU | 224 (69.1%) |
| Renter Occupied HU | 57 (17.6%) |
| Vacant Housing Units | 43 (13.3%) |
| Median Home Value | $156,818 |
| Average Home Value | $195,915 |
Housing Distribution
Address Breakdown
Residential
221
Single Family
221
Multi-Family
0
Businesses
15
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No similar rental properties found nearby.
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Listed by: Daniel Manus • Jaspersen Insurance & Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6331765
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