205 Main StKelloggIA50135
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Nearby investment properties with comparable prices
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
Rental property for sale in Kellogg at 205 Main St, Kellogg, IA, 50135 offers $2,597/mo rent that, after a $1,023/mo payment, leaves $1,240/mo cash flow. Total monthly income is $2,597/mo, and annual cash flow is $14,875/yr on $69,284 cash. Return on cash invested measures 41.38% in year one, and rental yield stands at 14.91% at a $209,000 entry. Equity gained on principal adds $1,349/yr while 5% annual appreciation compounds into $57,743 by year five. Five-year ROI records 218.39% and total cumulative return in cash reaches $151,310. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,597/mo property income versus a $1,023/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50135, Kellogg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 770 (100%) |
| Owner Occupied HU | 567 (73.6%) |
| Renter Occupied HU | 101 (13.1%) |
| Vacant Housing Units | 102 (13.2%) |
| Median Home Value | $214,722 |
| Average Home Value | $239,881 |
Housing Distribution
Address Breakdown
Residential
629
Single Family
626
Multi-Family
3
Businesses
23
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Listed by: Raenelle Bryan • Bryan Realty Inc
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329489
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.