738 N 13th StClintonIA52732
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 738 N 13th St, Clinton, IA, 52732 in Clinton at $199,900 earns $1,414/mo in rent and nets $115/mo after the $899/mo payment, a 8.49% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $55,229 over five years. Ziffy Mortgage underwrites this on a 1.57 DSCR without U.S. credit history. With $1,841/yr in principal paydown, total projected return reaches $83,558.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.0% |
| Monthly Cash Flow | $115 | $250 |
City averages based on Clinton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,414 |
| Total Monthly Debt Service | $1,219 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52732, Clinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,571 (100%) |
| Owner Occupied HU | 7,564 (60.2%) |
| Renter Occupied HU | 3,451 (27.5%) |
| Vacant Housing Units | 1,556 (12.4%) |
| Median Home Value | $156,796 |
| Average Home Value | $229,976 |
Housing Distribution
Address Breakdown
Residential
11,644
Single Family
10,798
Multi-Family
846
Businesses
779
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1956
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52732, Clinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,571 (100%) |
| Owner Occupied HU | 7,564 (60.2%) |
| Renter Occupied HU | 3,451 (27.5%) |
| Vacant Housing Units | 1,556 (12.4%) |
| Median Home Value | $156,796 |
| Average Home Value | $229,976 |
Housing Distribution
Address Breakdown
Residential
11,644
Single Family
10,798
Multi-Family
846
Businesses
779
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica Laufenberg • Coldwell Banker Howes & Jefferies REALTORS
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264841
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.