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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Clarinda at 322 N 12th St, Clarinda, IA, 51632 generates $1,074/mo in rent and, after a $685/mo payment, leaves $165/mo in cash flow. Total monthly income is $1,074/mo, and annual cash flow is $1,980/yr on $46,410 invested. Return on cash invested sits at 24.18% in year one, and rental yield is 9.21% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 126.1% and total cumulative return in cash sums $58,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,074/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 51632, Clarinda, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,934 (100%) |
| Owner Occupied HU | 1,800 (61.3%) |
| Renter Occupied HU | 775 (26.4%) |
| Vacant Housing Units | 359 (12.2%) |
| Median Home Value | $146,361 |
| Average Home Value | $195,581 |
Residential
2,605
Single Family
2,462
Multi-Family
143
Businesses
251
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tracy Moser • Manuel Realty
Mls Name: NoCoast MLS
Mls ID: #6328811
