480 E 92nd St NKelloggIA50135
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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 Kellogg at 480 E 92nd St N, Kellogg, IA, 50135 uses $69,284 cash to close to unlock $6,751/yr annual cash flow and $563/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,023/mo payment keeps the spread at $563/mo. Purchase price stands at $209,000, and rental yield measures 11.02% with $1,920/mo rent. Return on cash invested shows 29.65% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 155.52% and total cumulative return in cash records $107,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Single Family
Built in 1941
2.98 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
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Listed by: Samantha Vance • 1st Rate Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321299
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.