217 E 2nd StKingsleyIA51028
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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 Kingsley at 217 E 2nd St, Kingsley, IA, 51028 earns $398/mo cash flow from $2,736/mo rent with a $1,762/mo payment. Total monthly income totals $2,736/mo, and annual cash flow totals $4,776/yr on $119,340 capital. ROI tracks 23.91% on current figures, and rental yield reads 9.12% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 124.69% and total cumulative return in cash sums $148,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,736/mo property income instead of your personal income.
Single Family
Built in 1910
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51028, Kingsley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 659 (71.6%) |
| Renter Occupied HU | 188 (20.4%) |
| Vacant Housing Units | 74 ( 8.0%) |
| Median Home Value | $268,750 |
| Average Home Value | $297,731 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
613
Multi-Family
24
Businesses
54
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