308 W Alfred StKimballtonIA51543
Nearby investment properties with comparable rents
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
Investment property for sale in Kimballton at 308 W Alfred St, Kimballton, IA, 51543 at $239,000 posts ROI 21.3% with $92/mo cash flow from $1,644/mo rent. Total monthly income equals $1,644/mo, and annual cash flow records $1,099/yr on $79,229 to close. Return on cash invested measures 21.3% and rental yield reads 8.25% at the current $239,000. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 by year five. Five-year ROI prints 110.72% and total cumulative return in cash totals $87,720.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,644/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51543, Kimballton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 201 (100%) |
| Owner Occupied HU | 150 (74.6%) |
| Renter Occupied HU | 35 (17.4%) |
| Vacant Housing Units | 16 ( 8.0%) |
| Median Home Value | $175,000 |
| Average Home Value | $226,967 |
Housing Distribution
Address Breakdown
Residential
98
Single Family
98
Multi-Family
0
Businesses
19
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Listed by: Kathryn Kilworth • Wayne Hansen Real Estate Llc
Mls Name: NY State MLS
Mls ID: #11550995