710 6th St NEClarionIA50525
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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 Clarion at 710 6th St NE, Clarion, IA, 50525 uses $53,007 cash to close to unlock $578/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $1,087/mo, and a $783/mo payment keeps the spread at $48/mo. Purchase price stands at $159,900, and rental yield measures 8.16% with $1,087/mo rent. Return on cash invested shows 21% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 109.15% and total cumulative return in cash records $57,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,087/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1964
8,575 sqft 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
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