301 Brookside Dr UNIT AKingsleyIA51028
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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
Total monthly income runs $1,915/mo, and a $1,615/mo payment. Purchase price stands at $330,000, and rental yield measures 6.96% with $1,915/mo rent. Return on cash invested shows 17.41% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 89.82% and total cumulative return in cash records $98,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,915/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Condo
Built in 2007
0.27 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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Listed by: Mark Vos • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828140
Disclaimer: Information being provided is for consumers' personal, non-commercial use and 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.