








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 515 N 19th St, Clarinda, IA, 51632 generates $1,043/mo in rent and, after a $492/mo payment, leaves $377/mo in cash flow. Total monthly income is $1,043/mo, and annual cash flow is $4,518/yr on $33,326 invested. Return on cash invested sits at 33.47% in year one, and rental yield is 12.45% on a $100,530 entry. Equity gained on principal adds $649/yr, while 5% annual appreciation builds toward $27,775 over five years. Five-year ROI reaches 176.2% and total cumulative return in cash sums $58,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,043/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.28 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 |
|---|---|---|
| 2025-09-22 | Listing removed | N/A |
| 2025-06-24 | Pending sale | $130,000 |
| 2025-06-14 | Listed for sale | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $1692.00 | 2.30% | $100,530 | N/A |
| 2023-10-26 | $1654.00 | 25.88% | $100,530 | 12.09% |
| 2022-10-26 | $1314.00 | 1.39% | $89,690 | 20.34% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A