8726 Summit DrCliveIA50325
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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
Rental property for sale in Clive at 8726 Summit Dr, Clive, IA, 50325 priced at $304,900 converts $2,111/mo rent into $131/mo cash flow after a $1,492/mo obligation. Total monthly income equals $2,111/mo, and annual cash flow totals $1,574/yr on $101,074 invested. Return on cash invested prints 21.47% in year one, and rental yield reads 8.31% against a $304,900 entry. Equity gained on principal adds $1,967/yr, while 5% annual appreciation compiles into $84,238 by year five. Five-year ROI reaches 111.63% and total cumulative return in cash sums $112,826. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,111/mo property income covering a $1,492/mo payment, not borrower’s personal income.
Single Family
Built in 1966
8,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50325, Clive, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,908 (100%) |
| Owner Occupied HU | 5,577 (70.5%) |
| Renter Occupied HU | 1,969 (24.9%) |
| Vacant Housing Units | 362 ( 4.6%) |
| Median Home Value | $401,677 |
| Average Home Value | $456,668 |
Housing Distribution
Address Breakdown
Residential
7,632
Single Family
6,289
Multi-Family
1,343
Businesses
996
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Listed by: Elaine Johnson • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #705716
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.