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% |
Investment property for sale in Clarinda at 601 N 14th St, Clarinda, IA, 51632 listed at $140,000 pairs $1,502/mo rent with a $685/mo payment to leave $593/mo cash flow. Total monthly income runs $1,502/mo, and annual cash flow reaches $7,116/yr on $46,410 cash to close. Return on cash invested measures 35.24% in year one, and rental yield registers 12.87% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 185.47% and total cumulative return in cash totals $86,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,502/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
7,840 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 |
|---|---|---|
| 2025-04-01 | Sold | $140,000 |
| 2025-03-10 | Pending sale | $150,000 |
| 2024-08-23 | Price change | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-30 | $1810.00 | 3.43% | $96,400 | N/A |
| 2023-09-30 | $1750.00 | 19.54% | $96,400 | 12.67% |
| 2022-09-30 | $1464.00 | 0.27% | $85,560 | 17.14% |
Listed by: Mike Manuel • Manuel Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6320581
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.
