Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 408 W Stuart St, Clarinda, IA, 51632 priced at $100,000 pairs $1,050/mo rent with $401/mo cash flow after a $489/mo payment. Total monthly income equals $1,050/mo, and annual cash flow comes to $4,812/yr on $33,150 invested. Return on cash invested is 34.42% in year one, and rental yield stands at 12.6% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 181.08% and total cumulative return in cash reaches $60,028. For financing, Ziffy Mortgage’s DSCR program evaluates $1,050/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.31 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 |
|---|---|---|
| 2024-09-06 | Listed for sale | $100,000 |
| 2018-09-27 | Listing removed | $31,900 |
| 2018-03-26 | Listed for sale | $31,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $1466.00 | 129.06% | $94,270 | 12.33% |
| 2022-10-14 | $640.00 | 0.95% | $83,920 | 89.26% |
| 2021-10-14 | $634.00 | -27.46% | $44,340 | 7.10% |
Listed by: Mike Manuel • Manuel Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6320994
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.
