2089 117th Ct, Kalona, IA, 52247 | 6.1% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Kalona at 2089 117th Ct, Kalona, IA, 52247 offers a 6.1% rental yield on a $467,500 purchase with $2,376/mo rent. 8% in year one. Equity gained on principal adds $3,017/yr while 5% annual appreciation supports $129,162 over five years. Portfolio math shows five-year ROI at 75.82% and total cumulative return in cash at $117,508. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,376/mo property income against a $2,288/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2014

1.06 Acres 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