311 Quest AveKingsleyIA51028
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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
Rental property for sale in Kingsley at 311 Quest Ave, Kingsley, IA, 51028 priced at $268,500 pairs $2,287/mo rent with $543/mo cash flow after a $1,314/mo payment. Total monthly income equals $2,287/mo, and annual cash flow comes to $6,521/yr on $89,008 invested. Return on cash invested is 27.24% in year one, and rental yield stands at 10.22% on a $268,500 basis. Equity gained on principal adds $1,733/yr, and 5% annual appreciation accumulates to $74,182 by year five. Five-year ROI measures 142.56% and total cumulative return in cash reaches $126,886. For financing, Ziffy Mortgage’s DSCR program evaluates $2,287/mo property income against a $1,314/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2000
6,969 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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Listed by: Jacqueline Maassen • Vision Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828546
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.