309 Carlton StClermontIA52135
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 309 Carlton St, Clermont, IA, 52135 in Clermont: $1,434/mo in rent, $414/mo in net income, 10.96% gross yield, 2.03 DSCR, all at $157,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $43,376 in appreciation and $1,446/yr in principal paydown projects total cumulative return of $86,415.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.0% |
| Monthly Cash Flow | $414 | $300 |
City averages based on Clermont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,434 |
| Total Monthly Debt Service | $957 |
| DSCR Ratio | 1.50x |
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 1962
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52135, Clermont, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 403 (100%) |
| Owner Occupied HU | 290 (72.0%) |
| Renter Occupied HU | 48 (11.9%) |
| Vacant Housing Units | 65 (16.1%) |
| Median Home Value | $158,333 |
| Average Home Value | $195,819 |
Housing Distribution
Address Breakdown
Residential
248
Single Family
244
Multi-Family
4
Businesses
27
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 1962
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52135, Clermont, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 403 (100%) |
| Owner Occupied HU | 290 (72.0%) |
| Renter Occupied HU | 48 (11.9%) |
| Vacant Housing Units | 65 (16.1%) |
| Median Home Value | $158,333 |
| Average Home Value | $195,819 |
Housing Distribution
Address Breakdown
Residential
248
Single Family
244
Multi-Family
4
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices