503 2nd StKelloggIA50135
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing503 2nd St, Kellogg, IA, 50135 in Kellogg is a stable, well-positioned rental at $329,900. Rental yield 6.98%. DSCR 1.29 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $91,145 in value and $3,038/yr in principal paydown builds equity, a total projected return of $111,283.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.2% |
| Monthly Cash Flow | $(223) | $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 | $1,920 |
| Total Monthly Debt Service | $2,011 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1870
0.40 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
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 1870
0.40 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: Sarah Daehler • Real Estate Solutions
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6331653
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.