324 Rutland StKingsleyIA51028
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 324 Rutland St, Kingsley, IA, 51028 in Kingsley. Priced at $179,000, it generates $2,044/mo in gross rent and $881/mo in net monthly cash flow, a 13.7% yield that comfortably supports the 2.54 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,573. Five-year appreciation: $49,454. Equity from principal paydown: $1,649/yr. Total projected cumulative return: $124,863.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 6.2% |
| Monthly Cash Flow | $881 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,044 |
| Total Monthly Debt Service | $1,091 |
| DSCR Ratio | 1.87x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
9,147 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
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
Single Family
Built in 1920
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices