654 580th StCleghornIA51014
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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
Investment property for sale in Cleghorn at 654 580th St, Cleghorn, IA, 51014 offers a 6.45% rental yield on a $215,000 purchase with $1,156/mo rent. 87% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 81.56% and total cumulative return in cash at $58,129. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,156/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51014, Cleghorn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 235 (100%) |
| Owner Occupied HU | 174 (74.0%) |
| Renter Occupied HU | 35 (14.9%) |
| Vacant Housing Units | 26 (11.1%) |
| Median Home Value | $175,000 |
| Average Home Value | $207,773 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
129
Multi-Family
0
Businesses
11
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