








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,050/mo, and a $1,077/mo payment. Purchase price stands at $220,000, and rental yield measures 5.73% with $1,050/mo rent. Return on cash invested shows 13.67% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 69.8% and total cumulative return in cash records $50,903. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,050/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1956
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 |
|---|---|---|
| 2024-08-29 | Listed for sale | $220,000 |
| 2023-12-01 | Sold | $115,000 |
| 2023-11-15 | Pending sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $2754.00 | 13.43% | $152,090 | 13.02% |
| 2022-10-14 | $2428.00 | 1.34% | $134,570 | 11.18% |
| 2021-10-14 | $2396.00 | 1.61% | $121,040 | 8.33% |



Listed by: Mike Manuel • Manuel Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6320757
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.