620 Maple LnClarionIA50525
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Clarion at 620 Maple Ln, Clarion, IA, 50525 priced at $230,000 converts $0/mo rent into after a $1,126/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.6% in year one, and rental yield reads 0% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50525, Clarion, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,845 (100%) |
| Owner Occupied HU | 1,016 (55.1%) |
| Renter Occupied HU | 444 (24.1%) |
| Vacant Housing Units | 385 (20.9%) |
| Median Home Value | $165,351 |
| Average Home Value | $189,193 |
Housing Distribution
Address Breakdown
Residential
1,493
Single Family
1,362
Multi-Family
131
Businesses
186
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Rodney V Brooks • North Iowa Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6331757
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.