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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 Kalona at 111 A Ave, Kalona, IA, 52247 generates $1,634/mo in rent and, after a $930/mo payment, leaves $400/mo in cash flow. Total monthly income is $1,634/mo, and annual cash flow is $4,800/yr on $62,985 invested. Return on cash invested sits at 27.53% in year one, and rental yield is 10.32% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 144.09% and total cumulative return in cash sums $90,756. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,634/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52247, Kalona, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,658 (73.0%) |
| Renter Occupied HU | 495 (21.8%) |
| Vacant Housing Units | 119 ( 5.2%) |
| Median Home Value | $288,403 |
| Average Home Value | $320,344 |
Residential
2,032
Single Family
1,944
Multi-Family
88
Businesses
219
Date | Event | Price |
|---|---|---|
| 2024-09-23 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $2286.00 | 2.33% | $148,100 | 16.71% |
| 2022-10-14 | $2234.00 | -0.45% | $126,900 | N/A |
| 2021-10-14 | $2244.00 | 1.91% | $126,900 | 2.75% |
Listed by: Abbi Patterson • KALONA REALTY, INC.
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202405423
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.
