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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Clive at 9517 University Ave APT 18, Clive, IA, 50325 generates $1,370/mo in rent and, after a $597/mo payment, leaves $233/mo in cash flow. Total monthly income is $1,370/mo, and annual cash flow is $2,794/yr on $40,443 invested. Return on cash invested sits at 26.82% in year one, and rental yield is 13.48% on a $122,000 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 144.02% and total cumulative return in cash sums $58,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,370/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$345 monthly HOA
Neighborhood data shown for ZIP Code: 50325, Clive, IA area.
| 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 |
Residential
7,632
Single Family
6,289
Multi-Family
1,343
Businesses
996
Date | Event | Price |
|---|---|---|
| 2024-09-18 | Listed for sale | $122,000 |
| 2023-01-17 | Sold | $107,000 |
| 2022-12-27 | Pending sale | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1490.00 | 1.22% | $89,800 | 12.96% |
| 2022-10-15 | $1472.00 | 2.65% | $79,500 | N/A |
| 2021-10-15 | $1434.00 | 1.41% | $79,500 | 8.02% |
Listed by: Julie Moore • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #704197
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.
