323 1st StKelloggIA50135
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 Kellogg at 323 1st St, Kellogg, IA, 50135 at $185,000 posts ROI 28.81% with $455/mo cash flow from $1,656/mo rent. Total monthly income equals $1,656/mo, and annual cash flow records $5,460/yr on $61,328 to close. Return on cash invested measures 28.81% and rental yield reads 10.74% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 150.96% and total cumulative return in cash totals $92,583.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,656/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50135, Kellogg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 770 (100%) |
| Owner Occupied HU | 567 (73.6%) |
| Renter Occupied HU | 101 (13.1%) |
| Vacant Housing Units | 102 (13.2%) |
| Median Home Value | $214,722 |
| Average Home Value | $239,881 |
Housing Distribution
Address Breakdown
Residential
629
Single Family
626
Multi-Family
3
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Colby Lawson • Real Estate Solutions
Mls Name: DMMLS
Mls Provider:
Mls ID: #716772
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.