








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 186 Main St, Kalona, IA, 52247 priced at $473,500 pairs $2,064/mo rent with after a $2,318/mo payment. Total monthly income equals $2,064/mo. Return on cash invested is 12.18% in year one, and rental yield stands at 5.23% on a $473,500 basis. Equity gained on principal adds $3,055/yr, and 5% annual appreciation accumulates to $130,819 by year five. Five-year ROI measures 61.77% and total cumulative return in cash reaches $96,964. For financing, Ziffy Mortgage’s DSCR program evaluates $2,064/mo property income against a $2,318/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1907
5.98 Acres 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 |
|---|---|---|
| 2025-07-25 | Sold | $473,500 |
| 2025-07-10 | Pending sale | $489,900 |
| 2025-06-10 | Listed for sale | $489,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $4018.00 | -0.54% | $309,200 | N/A |
| 2023-10-20 | $4040.00 | 4.12% | $309,200 | 15.81% |
| 2022-10-20 | $3880.00 | 16.52% | $267,000 | N/A |



Listed by: Jessica Hochstedler Yoder • KALONA REALTY, INC.
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202503815
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.