719 Quincy AveClarenceIA52216
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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 Clarence at 719 Quincy Ave, Clarence, IA, 52216 with 5% annual appreciation on a $287,000 basis while $1,572/mo rent supports operations. 22% in year one. Equity gained on principal adds $1,852/yr, and five-year appreciation sums $79,293 alongside rental yield of 6.57%. Five-year ROI measures 83.48% and total cumulative return in cash totals $79,426. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,572/mo property income versus a $1,405/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1905
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52216, Clarence, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 659 (100%) |
| Owner Occupied HU | 473 (71.8%) |
| Renter Occupied HU | 156 (23.7%) |
| Vacant Housing Units | 30 ( 4.6%) |
| Median Home Value | $212,302 |
| Average Home Value | $250,233 |
Housing Distribution
Address Breakdown
Residential
432
Single Family
424
Multi-Family
8
Businesses
50
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