301B Brookside DrKingsleyIA51028
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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 301B Brookside Dr, Kingsley, IA, 51028 with 5% annual appreciation on a $319,000 basis while $2,263/mo rent supports operations. Total monthly income totals $2,263/mo and a $1,561/mo payment preserves $192/mo for cash returns. Annual cash flow comes to $2,299/yr on $105,749 deployed, and return on cash invested reaches 22.08% in year one. Equity gained on principal adds $2,058/yr, and five-year appreciation sums $88,134 alongside rental yield of 8.51%. Five-year ROI measures 114.91% and total cumulative return in cash totals $121,513.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,263/mo property income versus a $1,561/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in 2007
9,440 sqft 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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