1056 270th StKironIA51448
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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 Kiron at 1056 270th St, Kiron, IA, 51448 uses $106,080 cash to close to unlock $2,232/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $2,264/mo, and a $1,566/mo payment keeps the spread at $186/mo. Purchase price stands at $320,000, and rental yield measures 8.49% with $2,264/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 114.51% and total cumulative return in cash records $121,467. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,264/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1915
9.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51448, Kiron, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 248 (100%) |
| Owner Occupied HU | 193 (77.8%) |
| Renter Occupied HU | 33 (13.3%) |
| Vacant Housing Units | 22 ( 8.9%) |
| Median Home Value | $170,703 |
| Average Home Value | $196,114 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
15
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Listed by: Tracy Brus • Denison Realty, LLC
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321564
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.