914 2nd St SWClarionIA50525
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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 914 2nd St SW, Clarion, IA, 50525 offers a 9.1% rental yield on a $197,900 purchase with $1,501/mo rent. Total monthly income registers $1,501/mo, and a $969/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,584/yr on $65,604 to close, and return on cash invested stands at 23.85% in year one. Equity gained on principal adds $1,277/yr while 5% annual appreciation supports $54,676 over five years. Portfolio math shows five-year ROI at 124.41% and total cumulative return in cash at $81,621. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,501/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
7,840 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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Listed by: Carol Haupt • Town & Country Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321945
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.