808 S Clinton StAlbiaIA52531
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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 Albia at 808 S Clinton St, Albia, IA, 52531 with 5% annual appreciation on a $145,000 basis while $948/mo rent supports operations. Total monthly income totals $948/mo and a $710/mo payment preserves $6/mo for cash returns. Annual cash flow comes to $72/yr on $48,068 deployed, and return on cash invested reaches 20.06% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 7.85%. Five-year ROI measures 104.05% and total cumulative return in cash totals $50,012.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $948/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
6,820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52531, Albia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,708 (100%) |
| Owner Occupied HU | 1,795 (66.3%) |
| Renter Occupied HU | 630 (23.3%) |
| Vacant Housing Units | 283 (10.5%) |
| Median Home Value | $163,902 |
| Average Home Value | $231,592 |
Housing Distribution
Address Breakdown
Residential
2,469
Single Family
2,400
Multi-Family
69
Businesses
245
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Listed by: Tyler J Boley • Boley Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328318
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.