200 F Pl UNIT BKalonaIA52247
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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 Kalona at 200 F Pl UNIT B, Kalona, IA, 52247 uses $82,842 cash to close to unlock $4,862/yr annual cash flow and $405/mo monthly cash flow. Total monthly income runs $2,028/mo, and a $1,223/mo payment keeps the spread at $405/mo. Purchase price stands at $249,900, and rental yield measures 9.74% with $2,028/mo rent. Return on cash invested shows 25.78% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 134.75% and total cumulative return in cash records $111,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,028/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2004
4,465 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52247, Kalona, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,032
Single Family
1,944
Multi-Family
88
Businesses
219
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