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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 400 N 19th St, Clarinda, IA, 51632 generates $1,328/mo in rent and, after a $524/mo payment, leaves $633/mo in cash flow. Total monthly income is $1,328/mo, and annual cash flow is $7,594/yr on $35,471 invested. Return on cash invested sits at 41.32% in year one, and rental yield is 14.89% on a $107,000 entry. Equity gained on principal adds $690/yr, while 5% annual appreciation builds toward $29,562 over five years. Five-year ROI reaches 218.06% and total cumulative return in cash sums $77,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,328/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
8,276 sqft 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 |
|---|---|---|
| 2025-05-02 | Sold | $107,000 |
| 2025-04-29 | Pending sale | $100,000 |
| 2025-03-27 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-30 | $1602.00 | 3.22% | $85,300 | N/A |
| 2023-09-30 | $1552.00 | 11.17% | $85,300 | 12.50% |
| 2022-09-30 | $1396.00 | 1.16% | $75,820 | 8.84% |
Listed by: Mike Manuel • Manuel Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6324680
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.
